Chinese Premier Li Qiang met with executives from Alibaba, ByteDance, Meituan, and Xiaohongshu, pledging to reduce compliance costs as China's economy weakens Bloomberg : Bloomberg 2023-07-12 Bloomberg, Li Qiang, Xiaohongshu, Alibaba, ByteDance, China, Chinese, Meituan Related Coverage Alibaba, Tencent and Meituan praised by Beijing for helping China's tech progress in new sign of attitude change South China Morning Post · Lilian Zhang Beijing's regulatory crackdown wipes $1.1 trillion off Chinese Big Tech Reuters China's slow public AI roll-out points to its tech sector's new regulatory reality Reuters China's state planner praises Tencent, Alibaba as attitude towards tech shifts Reuters Beijing praises Alibaba, Tencent, Meituan for economic, tech contributions Tech in Asia · Shadine Taufik