A logo of Chinese ride-hailing giant Didi Chuxing is seen at its headquarters in Beijing on July 2. After the regulator forced the removal of more than 25 of Didi’s apps from Chinese internet platforms, talk of a record fine is rampant. Photo: AFP A logo of Chinese ride-hailing giant Didi Chuxing is seen at its headquarters in Beijing on July 2. After the regulator forced the removal of more than 25 of Didi’s apps from Chinese internet platforms, talk of a record fine is rampant. Photo: AFP
A logo of Chinese ride-hailing giant Didi Chuxing is seen at its headquarters in Beijing on July 2. After the regulator forced the removal of more than 25 of Didi’s apps from Chinese internet platforms, talk of a record fine is rampant. Photo: AFP
Stephen Roach
Opinion

Opinion

The View by Stephen Roach

China’s regulation of its spirited tech sector could be a tipping point for the economy

  • There are legitimate reasons for China’s anti-tech campaign, but when the full force of regulation is used to strangle the business models and financing capacity of the economy’s most dynamic sector, it weakens confidence and the entrepreneurial spirit

A logo of Chinese ride-hailing giant Didi Chuxing is seen at its headquarters in Beijing on July 2. After the regulator forced the removal of more than 25 of Didi’s apps from Chinese internet platforms, talk of a record fine is rampant. Photo: AFP A logo of Chinese ride-hailing giant Didi Chuxing is seen at its headquarters in Beijing on July 2. After the regulator forced the removal of more than 25 of Didi’s apps from Chinese internet platforms, talk of a record fine is rampant. Photo: AFP
A logo of Chinese ride-hailing giant Didi Chuxing is seen at its headquarters in Beijing on July 2. After the regulator forced the removal of more than 25 of Didi’s apps from Chinese internet platforms, talk of a record fine is rampant. Photo: AFP
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