China's Tech Industry Straps in for More Turbulence After a Wild 2019.

(Bloomberg) -- China's tech industry enters a new year after weathering unprecedented turbulence in 2019, when giants emerged in social media and artificial intelligence only to bear the brunt of Washington's campaign to contain the world's No. 2 economy. China's tech boom over the past decade birthed twin giants Alibaba and Tencent, a duo that effectively controls almost every aspect of the country's internet through their sprawling business empires and vast investment portfolios. [Extracted from the article]