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China will prevent platform monopolies and disorderly expansion of capital, Xi says

China will prevent platform monopolies and disorderly expansion of capital, Xi says
China will prevent platform monopolies and disorderly expansion of capital, Xi says   -   Copyright  Thomson Reuters 2021
By Reuters

BEIJING – China will prevent monopolistic behaviours by internet platform companies and the disorderly expansion of capital, state Xinhua News Agency quoted president Xi Jinping as saying on Tuesday.

China will also correct practices that impede fair competition, Xi said, according to the Xinhua report.