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China’s tech sector faces a troublesome 2022 amid regulatory strain and weak financial development, a UBS Securities analyst mentioned on Monday, providing one other dour outlook for the yr forward after a tough 2021.Weak consumption in China this yr will make it onerous for e-commerce platforms and different companies counting on promoting to extend income, based on analyst Felix Liu.Progress in retail gross sales, a tough indicator for client spending on the earth’s second largest financial system, slowed to three.9 per cent…
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