Local governments in China are wooing deals with tech giants to build on the so-called "platform economy," per the SCMP.

China’s tech crackdown cost over $1 trillion. But the economy is in such deep trouble that the country’s cozying up to its tech firms again.::Local governments in China are wooing deals with tech giants to build on the so-called “platform economy,” per the SCMP.

They want tech, they just want to be sure tech knows which hand holds the whip.

That seems clear now.

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