Opinion by Sonja Opper for CNN Business Perspectives Over the last 12 months, China’s government has engaged in an unprecedented regulatory crackdown on the country’s technology sector. Alibaba was hit with a multibillion-dollar antitrust fine; new regulatory rules were crafted that target the emergent online education sector; and the ride-hailing service Didi Chuxing saw its software pulled from app stores just days after it pursued an IPO in the US, which went against the wishes of Chinese regulators. Many foreign managers, investors and government officials — who once thought that China would gradually emerge as a democratic, market economy —...