China taps into the best and worst of the internet

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An extraordinary convergence of everything that is good and bad is underway in China’s technology sectors.

On the one hand, monopolies are being curtailed to establish a competitive market structure that may be able to deliver the innovation and growth outcomes that China needs in its development phase.

On the other hand, the historical power of internet data is being corralled by the CCP as another tool for dictatorship and repression.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.