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Podcast: In Focus by The Hindu
Episode: The battle between big tech in China and the Communist Party | In Focus
Description: In this episode, we are looking at the battle unfolding in China between its big tech companies and Communist Party regulators in the wake of the latest tussle in this on-going tug-of-war. On June 30, the ride-hailing app Didi, which dominates the China market, raised $4.4 billion in its much-anticipated listing on the New York Stock Exchange, the biggest Chinese listing since Alibaba. Days later, its value would crash with regulators announcing an investigation and taking the extraordinary step of banning Didi from registering usersand removing its app from app stores. The Didi episode follows November's shock suspension of an IP...