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Chair of TikTok owner ByteDance steps down as Beijing tightens grip – The Guardian

Zhang Yiming relinquishes role of company he co-founded, one of Chinese tech’s biggest global success stories

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The chair of TikToks owner, ByteDance, has stepped down, as the Chinese government tightens its control of Chinas tech sector and maintains pressure on the industrys domestic entrepreneurs.
Zhang Yiming announced in May he would step down as chief executive…

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