Tencent reports slower growth as China cracks down on tech sector
Chinese messaging and gaming giant Tencent saw slowing growth during a "challenging" 2021, according to its annual report released Wednesday, the latest firm to feel the sting of Beijing's crackdown on the domestic tech sector. China has exerted more authority over the industry since 2020, citing concerns that tech giants in the country have become too big and powerful. The Shenzhen-bas