Caixin
May 21, 2021 05:03 PM
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Caixin China Biz Roundup: ByteDance CEO to Step Down

May.21.2021

Co-founder Zhang Yiming plans to leave the top position to focus on ‘longer-term initiatives’; China reports an over 50% drop in divorces after introducing ‘cooling-off’ policy; and U.S. President Joe Biden says his country won’t pump its breaks when it comes to overtaking the global electric vehicle market

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