Source: South China Morning PostWhen Pinduoduo founder Colin Huang Zheng, 41, announced he was stepping down as chairman of the company he built into China’s most widely used e-commerce platform in just six years, it came as a shock to many. But the entrepreneur’s move into a new position in food and life sciences comes amid a regulatory crackdown on Big Tech even as Beijing pours more resources into research and development.Huang is part of a new generation of young Chinese billionaires who built their fortune during the…Read More