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China should embrace the digital financial system to facilitate the nation’s improvement and strike a steadiness between “regulation and promotion” of the tech sector, President Xi Jinping stated.The feedback by Xi, which had been made at a Politburo assembly on Tuesday and printed by state information company Xinhua, showcased Beijing’s want to make use of the web, large information, cloud computing and synthetic intelligence to chart the nation’s financial future regardless of a regulatory storm over Massive Tech that has wiped extra…
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