Invest In China? Today?
The Chinese Government has taken extraordinary measures to keep its tech giants in check. It started with Alibaba and Jack Ma and has now expanded to Tencent, DiDi, Meituan and many other tech leaders.
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Meituan Hit With $ 534m Antitrust Fine
China's State Administration for Market Regulation (SAMR) announced on Friday that Meituan had abused its monopoly in the country's online food delivery market.
Didi Gets Slammed
The shares of Didi Global last traded at about $12, well below their initial price of $16.65 on June 30 - a fall in market capitalisation of about $19 billion.
The Consumer-Replacement Experiment
There is a foundational error running through European economic policy — one so deeply embedded that it has become invisible to the people making it.
Softbank Is Getting Out Of China
SoftBank is taking steps to reduce its remaining stake in Alibaba, limiting its exposure to the Chinese market and raising funds due to the declining value of its technology investments amidst the market downturn.