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Some parts of China have officially promoted metaverse development plans. A metaverse exhibit area is shown here at an annual service trade expo in Beijing on September 1, 2022.
China News Service | China News Service | fake images
BEIJING — When it comes to futuristic concepts like the metaverse, analysts at JPMorgan believe they have found a strategy for picking Chinese stock plays.
The metaverse is loosely defined as the next iteration of the internet, existing as a virtual world in which humans interact through three-dimensional avatars. The hype around the metaverse swept through the business industry about a year ago. But at least in the United States, it’s not gaining the momentum that companies like Facebook hoped for.
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