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🎥 Alibaba is (again) heavily investing in building out China’s live-streaming economy
❌ Hot in the news yesterday was the UK’s announcement to ban the purchase of all 5G equipment
📱 ByteDance may spin off TikTok as US company because of US sanctions
🎞 Netflix has just bought the rights to “Double World,” 征途, a fantasy adventure film adapted from one of China’s popular online games.
🍢 China’s “night economy” is expected to reach 30 trillion RMB this year!