China's President Xi Jinping war on the "disorderly expansion of capital"

Author: Eamonn Sheridan | Category: News

A piece by Bloomberg on the deciphering of messages for Chinese leadership re the crackdown on the expansion of, mainly, tech companies and 'platforms. 

The basic gist seems to be:
  • "There will be a restructure of the digital economy in the coming years and anything not consistent with the national strategy will get toned down."
There is much more to the article, its a long piece but poewrhaps a weekend read.

Bloomberg is often gated, but an ungated version is here at Singapore's Straits Times:
A piece by Bloomberg on the deciphering of messages for Chinese leadership re the crackdown on the expansion of, mainly, tech companies and 'platforms. 


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