Chinese Technology Moguls' Latest Obsession: Red Tourism
- Tencent-backed startups join a Communist Party history tour
- Kuaishou and Zhihu executives among 45 startups that took part
China’s internet watchdog rallied the founders and Communist Party representatives of 45 startups for a “study tour” celebrating the life of Mao Zedong, as Beijing tightens its grip on the country’s largest internet firms.
The chief executive officers of companies including Tencent Holdings Ltd.-backed Zhihu -- China’s answer to Quora -- and the head of the Party branch at live-streaming giant Kuaishou took part in a tour this week to the southeastern province of Fujian. There they visited key historical sites that commemorate military achievements by the ruling party during its guerrilla warfare era in the 1930s, a local paper reported. Tour members sent flowers to a park built in honor of the late Party Chairman, and visited conference and historical sites across Fujian to “imbue themselves in the red revolutionary spirit,” the publication said.