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![]() Chauncey JungThe Diplomat |
The Chinese government frequently demands that businesses prove their political loyalty – even at the cost of their own financial interests.
After years of attempts to increase the role of state-owned enterprises in the Chinese economy, Xi now hopes entrepreneurs will bail him out.
Unlike TikTok, RedNote primarily operates in China. As a result, concerns over content censorship, data privacy, and CCP control are even greater.