China’s Internet commerce and technology giants are increasingly impacted by a variety of regulations imposed on them by the Chinese regime. The disappearance of the acclaimed “Wuzhen Banquet,” the star event of the annual World Internet Conference (WIC) in Wuzhen, China, this year directly reflects the changing fortunes of China’s Internet moguls. William Ding, the founder of online service provider NetEase, started the “Wuzhen Banquet” in 2014, alongside the first WIC. Dinner guests were mostly Internet moguls with an average net worth of over $1 billion. Located in Jiaxing City, Zhejiang Province, with its waterways, arch bridges, ancient trees, and pagodas, Wuzhen’s picturesque environment has been the go-to place for China’s Internet moguls to meet, relax, and discuss business. Huawei CEO Richard Yu, Honor CEO George Zhao, Xiaomi CEO Lei Jun, and Lenovo CEO Yang Yuanqing, among others, attended the banquet in 2016, which was described as a near perfect …