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SoftBank’s CEO went big on China. Now he’s pulling back

Michelle Toh
By Michelle Toh, CNN Business
Published 8:34 AM EDT, Tue August 10, 2021
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Pedestrians wearing protective masks walk past a SoftBank Corp. store in Tokyo, Japan, on Friday, Aug. 7, 2020. After reporting record losses in May and warning the coronavirus outbreak could be as devastating as the Great Depression, SoftBank Group founder Masayoshi Son is already poised to declare a recovery. Photographer: Toru Hanai/Bloomberg via Getty Images
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