{"id":48130,"date":"2023-03-03T13:31:36","date_gmt":"2023-03-03T13:31:36","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/03\/03\/bao-fans-disappearance-is-a-sign-that-chinas-tech-crackdown-isnt-over\/"},"modified":"2023-03-03T13:32:26","modified_gmt":"2023-03-03T13:32:26","slug":"bao-fans-disappearance-is-a-sign-that-chinas-tech-crackdown-isnt-over","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/03\/03\/bao-fans-disappearance-is-a-sign-that-chinas-tech-crackdown-isnt-over\/","title":{"rendered":"Bao Fan\u2019s disappearance is a sign that China\u2019s tech crackdown isn\u2019t over"},"content":{"rendered":"<p> <a href=\"https:\/\/go.fiverr.com\/visit\/?bta=1052423&nci=17043\" Target=\"_Top\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/mailinvest.blog\/wp-content\/themes\/breek\/assets\/images\/transparent.gif\" data-lazy=\"true\" data-src=\"https:\/\/fiverr.ck-cdn.com\/tn\/serve\/?cid=40081059\"  width=\"601\" height=\"201\"><\/a>\n<\/p>\n<div>\n<div class=\"wpds-c-grBDNq hide-for-print mb-sm undefined\">\n<div class=\"PJLV PJLV-iAjpuP-css flex items-center\" config=\"[object Object]\" data-qa=\"article-actions\">\n<div class=\"wpds-c-fLphcs\">\n<div class=\"wpds-c-jmLDag wpds-c-jmLDag-bywHgD-variant-primary wpds-c-jmLDag-biynoz-density-compact wpds-c-jmLDag-hZSyid-isOutline-true wpds-c-jmLDag-ejCoEP-icon-left wpds-c-jmLDag-futxca-cv wpds-c-jmLDag-iknmtxO-css\"><button aria-label=\"Comment\" class=\"PJLV PJLV-iPnDcc-css\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" fill=\"currentColor\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" class=\"wpds-c-kKAfCG wpds-c-efqEZa focus-highlight flex items-center justify-center brad-lg pointer transition-400 ease-in-out transition-colors\" aria-label=\"Comment on this story\"><title>Touch upon this story<\/title><path d=\"M14 14V2H2v9.47h8.18L12.43 13ZM3 10.52V3h10v9.23l-2.5-1.66Z\"\/><\/svg><\/button><\/p>\n<p>Remark<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"teaser-content grid-center\">\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">China\u2019s legendary tech dealmaker Bao Fan hasn\u2019t been seen for nearly three weeks. Inventory costs have plunged for his funding financial institution China Renaissance, as soon as identified for brokering the nation\u2019s greatest tech mergers, and all it has stated is that Bao is \u201caiding the federal government of the Individuals\u2019s Republic of China with an investigation.\u201d<\/p>\n<\/div>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">One other titan of China\u2019s tech world, Alibaba founder Jack Ma, was noticed days in the past in Melbourne. Whereas protecting a low profile since regulators put the breaks on his deliberate record-breaking IPO after he criticized them publicly, Ma has additionally turned up in Spain and Japan.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Bao and Ma aren\u2019t the one tech leaders in China who&#8217;ve vanished from public view seemingly on the peak of their affect.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Lots of the nation\u2019s high enterprise executives and influencers \u2014 bankers, property builders, film stars like Fan Bingbing and e-commerce superseller Austin Li \u2014 have gone lacking with out clarification as their energy and affect have grown. Some had been later hit with fines for offenses like tax evasion or fraud.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p><span class=\"wpds-c-PJLV wpds-c-PJLV-jQCwLd-variant-interstitial wpds-c-PJLV-iPJLV-css font--article-body font-copy hide-for-print ma-0 pb-md db overrideStyles\"><a data-qa=\"interstitial-link\" href=\"https:\/\/www.washingtonpost.com\/world\/2022\/05\/16\/china-tech-challenges-covid-crackdown\/?itid=lk_interstitial_manual_8\">Once China\u2019s darling, tech industry is burdened by covid and crackdowns<\/a><\/span><\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Regardless of high chief Xi Jinping\u2019s acknowledged objective to spice up the financial system after a stifling three years below the strict \u201czero-covid\u201d coverage, China\u2019s tech entrepreneurs and enterprise leaders proceed to search out themselves below the microscope.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Officers have stated that the <a href=\"https:\/\/www.washingtonpost.com\/world\/2022\/05\/16\/china-tech-challenges-covid-crackdown\/?itid=lk_inline_manual_11\" target=\"_blank\" rel=\"noopener\">crackdown on the tech industry<\/a>, which noticed a flurry of rules torpedo the affect of corporations from gaming to on-line schooling, has ended.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">However Bao Fan\u2019s disappearance \u2014 the newest proof of the federal government\u2019s willingness to rein in even essentially the most highly effective executives \u2014 has shaken investor confidence and undermined Beijing\u2019s insistence it helps the personal sector.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Observers warn Bao\u2019s disappearance is an indication of the intensive reshuffling anticipated at China\u2019s annual political assembly referred to as the Two Classes set to start on Saturday.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">\u201cBao Fan is simply the newest outstanding sufferer of Xi\u2019s assertion of totalitarian management by steady purges,\u201d stated Feng Chongyi, affiliate professor of China research on the College of Know-how in Sydney.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">The menace that they could possibly be subsequent is meant to make sure the enterprise neighborhood is prepared to adjust to authorities directives, irrespective of the fee, stated Feng. \u201cCreating an environment of strolling on eggshells \u2014 that may be a technique of complete management.\u201d<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Right here is extra about why China\u2019s enterprise and tech neighborhood remains to be uneasy.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p><span class=\"wpds-c-PJLV wpds-c-PJLV-jQCwLd-variant-interstitial wpds-c-PJLV-iPJLV-css font--article-body font-copy hide-for-print ma-0 pb-md db overrideStyles\"><a data-qa=\"interstitial-link\" href=\"https:\/\/www.washingtonpost.com\/world\/2023\/03\/03\/china-two-sessions-xi-jinping-economy\/?utm_source=twitter&amp;utm_medium=social&amp;utm_campaign=wp_world&amp;itid=lk_interstitial_manual_20\">Chinese leader Xi embarks on \u2018intensive\u2019 overhaul as he cements power<\/a><\/span><\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Bao isn\u2019t the one China Renaissance govt to fade below mysterious circumstances.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">It began when the funding financial institution\u2019s former president, Cong Lin, disappeared final September amid accusations {that a} China Renaissance subsidiary had violated securities legal guidelines, in line with Chinese language enterprise publication Caixin. That investigation has now engulfed Bao too, <a href=\"https:\/\/www.reuters.com\/world\/china\/chinese-bank-says-missing-chairman-is-cooperating-with-chinese-authorities-an-2023-02-26\/\" target=\"_blank\" rel=\"noopener\">reports <\/a>Reuters.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">China Renaissance has not publicly acknowledged Cong\u2019s disappearance and didn&#8217;t reply to request for remark earlier than publication.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<h3 data-qa=\"article-header\" class=\" pb-sm pt-lgmod\" id=\"2SD4UOKVWRCT7MBK4GG6TQDZMM\">\n<p>What can we find out about Bao himself?<\/p>\n<\/h3>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Bao based China Renaissance in 2005 by betting on a brand new class of tech entrepreneurs in China \u2014 properly earlier than world traders had been prepared to take an opportunity on them.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">After an early profession with Morgan Stanley and Credit score Suisse, Bao noticed his affect by China Renaissance skyrocket together with the tech increase. He grew to become a mainstay of the tech scene that grew up in Hangzhou, the storied playground of billion-dollar start-ups and enterprise traders that birthed giants like Alibaba.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Bao brokered the offers behind the nation\u2019s greatest companies, just like the merger of restaurant assessment website Dianping and meals supply firm Meituan. He reportedly sealed the businesses\u2019 merger by locking either side in a Beijing resort room for a day.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Bao defied the concept that China\u2019s strongest corporations had been solely out to mimic their Western counterparts, insisting they had been doing one thing new.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">\u201cSome folks say that China Renaissance desires to be China\u2019s Goldman Sachs,\u201d Bao, whose <a href=\"https:\/\/www.gq.com.cn\/celebrity\/news_1815d11f7e009eaf.html\" target=\"_blank\" rel=\"noopener\">net worth reportedly peaked <\/a>at an estimated $1.7 billion, stated in a 2016 interview with GQ China. \u201cIs Baidu going to be the following Google right this moment? No. Does Xiaomi need to be China\u2019s Apple? No,\u201d Bao informed GQ. \u201cA very nice firm is outlined by itself, not by others.\u201d<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<h3 data-qa=\"article-header\" class=\" pb-sm pt-lgmod\" id=\"UNS5XS5EF5GFJJPWCACDDNCUW4\">\n<p>Which different executives have disappeared?<\/p>\n<\/h3>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Li Hejun grew to become the richest particular person in China in 2015 after his photo voltaic cell agency Hanergy\u2019s blockbuster Hong Kong IPO. However later that 12 months, Hanergy\u2019s shares took a file dive, and in 2019 it was delisted from the Hong Kong Inventory Trade.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">In January, the corporate disclosed it had misplaced contact with Li. Native media later reported that Li had been since December aiding authorities with an investigation into one of many banks that had funded the IPO.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Mi Chunlei, president of Lanhai Medical Funding, as soon as appeared to have all of it. The manager made his fortune throughout Shanghai\u2019s development increase within the Nineties, married movie star CCTV host Dong Qing, and by 2021 was estimated to be price about $1.5 billion.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Final 12 months Mi vanished for 5 months. Chinese language media later attributed his disappearance to the investigation of a controversial belief fund.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p><span class=\"wpds-c-PJLV wpds-c-PJLV-jQCwLd-variant-interstitial wpds-c-PJLV-iPJLV-css font--article-body font-copy hide-for-print ma-0 pb-md db overrideStyles\"><a data-qa=\"interstitial-link\" href=\"https:\/\/www.washingtonpost.com\/world\/asia_pacific\/jack-ma-alibaba-ant-china\/2021\/01\/20\/eb6b5d32-5adb-11eb-a849-6f9423a75ffd_story.html?itid=lk_interstitial_manual_42\">Alibaba\u2019s Jack Ma reemerges from three-month absence after clash with Beijing<\/a><\/span><\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">The <a href=\"https:\/\/thechinaproject.com\/2023\/03\/01\/a-guide-to-chinas-disappeared-tycoons-and-financiers\/\" target=\"_blank\" rel=\"noopener\">list <\/a>goes on. Property developer Seazen stated in February that it hadn\u2019t been in a position to get in contact with co-president Qu Dejun since January. Automotive elements maker SG Automotive Group reported in September it had been unable to contact govt Zhang Xiugen for a number of weeks. In late 2021, property magnate Wang Chaoyang was out of contact together with his personal fairness agency, Chinaequity Funding, for greater than three weeks.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Even Guo Guangcheng, as soon as described as \u201cChina\u2019s Warren Buffett\u201d couldn\u2019t escape the scrutiny.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Guo, as soon as China\u2019s richest particular person, based one of many nation\u2019s greatest conglomerates, Fosun Worldwide. In 2015 Guo disappeared briefly, plunging Shanghai\u2019s worldwide enterprise neighborhood into turmoil.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Traders nonetheless haven\u2019t shaken off the shock. Though Guo confirmed up three days later at Fosun\u2019s annual assembly, the agency\u2019s inventory has repeatedly slumped within the years since on the slightest rumor that he hasn\u2019t been in contact.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Given this historical past, Jack Ma isn\u2019t the one tech billionaire mendacity low outdoors of China. ByteDance founder Zhang Yiming, who holds a 98 % stake in TikTok\u2019s Chinese language counterpart, Douyin, has been largely primarily based in <a href=\"https:\/\/www.theinformation.com\/articles\/billionaire-bytedance-founder-zhang-yiming-now-living-far-from-home\" target=\"_blank\" rel=\"noopener\">Singapore <\/a>since handing the function of CEO of the world\u2019s most respected start-up to Shou Zi Chew.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<h3 data-qa=\"article-header\" class=\" pb-sm pt-lgmod\" id=\"JKQBQBWW6FCXJMOXT4YU5GF6CM\">\n<p>What\u2019s the outlook for China\u2019s enterprise sector?<\/p>\n<\/h3>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Bao Fan\u2019s disappearance comes simply as China\u2019s annual parliamentary assembly is ready to kick off.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Forward of the assembly, Xi has signaled an intensive overhaul of the nation\u2019s monetary regulatory system and there are additionally expectations of main industrial reforms.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">The timing isn\u2019t a coincidence, however a sign of the approaching crackdown on the monetary sector, Xie Tian, \u200b\u200ba professor on the Aiken College of Enterprise on the College of South Carolina, informed Radio Free Asia.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">Xi is <a href=\"https:\/\/www.washingtonpost.com\/world\/2023\/03\/03\/china-two-sessions-xi-jinping-economy\/?utm_source=twitter&amp;utm_medium=social&amp;utm_campaign=wp_world&amp;itid=lk_inline_manual_57\" target=\"_blank\" rel=\"noopener\">expected to announce China\u2019s largest leadership change<\/a> in over a decade because the nation faces its slowest financial development ranges for the reason that Seventies. Xi has stated the adjustments are essential to climate the \u201cexcessive winds and uneven waters\u201d that China faces.<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\">\u201cXi believes he has achieved absolute management over the army and the safety equipment,\u201d stated Feng Chongyi on the College of Know-how in Sydney. \u201cNow it&#8217;s time to get the monetary sector below full management.\u201d<\/p>\n<\/div>\n<div class=\"article-body\" data-qa=\"article-body\">\n<p data-testid=\"drop-cap-letter\" data-el=\"text\" class=\"wpds-c-cYdRxM wpds-c-cYdRxM-iPJLV-css overrideStyles font-copy\" dir=\"null\"><i>Lyric Li in Seoul contributed to this report.<\/i><\/p>\n<\/div>\n<section class=\"dn-ns hide-for-print\" data-testid=\"mostRead\" subscriptions-section=\"content\"\/><\/div>\n<iframe data-lazy=\"true\" data-src=\"https:\/\/www.fiverr.com\/gig_widgets?id=U2FsdGVkX18x7XQvttUTrv1oEqmGNGTgvvCUiUoJ\/AP4z\/UyMz8lXGOLpu15jIMxBbTR0gmD5uBoFvhC4KWeALQRp3h\/X\/AwcVD0K8Wj9H\/ZzYKzcCNHosB9oS4SCJJFWiN85P9ICAc4OgCoE\/wHKIY7CDkf2\/DQ1vqGvk4smVe5cRDEmrLPCWi4FC8p40VUhSmWQ5udCm0zoJtorgWv3vbDQw0kKYkwn39ozAnQXDe+YvWMxkLFWA+O3TFwkJvdkIK+\/AUSnRssPKt5WHY0FhNOxnSPcLslEL4G4\/RfP95ve99U+kRnDy3X+KtzdQLY+u935ghON\/o3UE4IMv9oN6JX9RnxzL\/LRcOgnHigxStSGPKsZYtnz8RWNVT\/rOLAibqiWJadC5MYHRbekF3eg6FOGrQGkXYbsn0+a5aovnlLCbLwIqY9fcS17UX8J235iQ6cdmHNbrPeS84CMm34RA==&affiliate_id=1052423&strip_google_tagmanager=true\" loading=\"lazy\" data-with-title=\"true\" class=\"fiverr_nga_frame\" frameborder=\"0\" height=\"350\" width=\"100%\" referrerpolicy=\"no-referrer-when-downgrade\" data-mode=\"random_gigs\" onload=\" var frame = this; var script = document.createElement('script'); script.addEventListener('load', function() { window.FW_SDK.register(frame); }); script.setAttribute('src', 'https:\/\/www.fiverr.com\/gig_widgets\/sdk'); document.body.appendChild(script); \" ><\/iframe>\n<br \/><a href=\"https:\/\/www.washingtonpost.com\/world\/2023\/03\/03\/bao-fan-china-tech-crackdown\/?utm_source=rss&#038;utm_medium=referral&#038;utm_campaign=wp_business-technology\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Touch upon this story Remark China\u2019s legendary tech dealmaker Bao Fan hasn\u2019t been seen for nearly three weeks. Inventory costs have plunged for his funding&#8230;<\/p>\n","protected":false},"author":1,"featured_media":48131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-48130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-universe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bao Fan\u2019s disappearance is a sign that China\u2019s tech crackdown isn\u2019t over - mailinvest.blog<\/title>\n<meta name=\"description\" content=\"Technology is forever changing, and there are always new pieces of technology to replace obsolete ones. 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