China's Baidu reports 15% jump in Q2 income

By Agence France-Presse

Aug 23, 2023 12:12 am

Beijing tightened the reins on its tech titans from 2020, bringing a string of influential firms to heel with new regulations and hefty fines.

But amid a faltering post-pandemic recovery, authorities indicated last month that its campaign against the industry ― a key source of growth and jobs ― was finally winding down.

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