The Changing Fortunes of China’s Internet Moguls

William Ding, CEO of China's internet company NetEase, speaks during the fifth World Internet Conference in Wuzhen, China's eastern Zhejiang province, on November 8, 2018. STR/AFP via Getty Images

China’s Internet commerce and technology giants are increasingly impacted by a variety of regulations imposed on them by the Chinese regime.

The disappearance of the acclaimed “Wuzhen Banquet,” the star event of the annual World Internet Conference (WIC) in Wuzhen, China, this year directly reflects the changing fortunes of China’s Internet moguls.