Reasons Behind The CCP's Crackdown on Tech Giants | Clear Perspective

On Thursday, Bloomberg reported that the CCP asked Didi Global Inc to make plans to delist from the New York Stock Exchange. The CCP also stopped Tencent from updating its existing apps. Lenovo already got bombarded by the 50 cent army (wumao) and became the center of public attention. This could be considered the second wave of crackdowns on the monopoly of private enterprises. Let’s take a look at recent events and figure out what the Beijing authorities are actually trying to achieve.Show more

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Reasons Behind The CCP's Crackdown on Tech Giants | Clear Perspective