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Let’s not forget here that Chinese companies operate some of—if not the—most popular social networks in the world. WeChat and TikTok/Douyin are enormous.

(Also, in neither country is the majority of its GDP comprised of websites.)

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Yes but the Chinese state is much more willing to direct capital to where it thinks it should go. The argument w.r.t. geopolitics is usually that the US is late to doing this and now lacks production capacity which is useful for competing.

I think this is an "and," not a "but." Your statement and mine aren't in conflict.

They may be the most popular but more importantly how profitable are they

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