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World’s biggest asset manager is taking time off on relationship with China’s Big Tech

The world’s largest asset manager is taking a wait-and-see approach while China’s tech industry is facing its day of reckoning. Managers overseeing active strategies for global emerging market equities at BlackRock told reporters that the US manager of US$8.68 trillion in assets at the end of December 2020 prefers to “wait on the sidelines to find a better entry point”…

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