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Where are the unicorns? China in search of the animal spirits of its economy
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ByteDance, the parent company of TikTok, is the most valuable of China's unicorns.
REUTERS
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BEIJING – Chinese President Xi Jinping wants to know why the number of new unicorn companies in his country is on the decline.
His question, posed at a closed-door symposium with business leaders and economists, was made public in late May via an article in party newspaper People’s Daily.
