u003Cpu003ErtThe ruling Communist Party is tightening political control over Chinau2019s internet giants and tapping their wealth to pay for its ambitions to reduce reliance on U.S. and European technology.u003C/pu003Erru003Cpu003Ertu003Cbr /u003ErtAnti-monopoly and data security crackdowns starting in late 2020 have shaken the industry. Investor jitters have knocked more than $1.3 trillion off the total market value of e-commerce platform Alibaba, games and social media operator Tencent and other tech giants.u003C/pu003Erru003Cpu003Ertu003Cbr /u003ErtThe party says anti-monopoly enforcement will be a priority through 2025. It says competition will help create jobs and raise living standards.u003C/pu003Erru003Cpu003Ertu003Cbr /u003ErtPresident Xi Jinpingu2019s government seems likely to stay the...