A surveillance camera outside the tech company Tencent Holdings’ headquarters in Shenzhen. China’s antitrust regulators have been targeting Big Tech. Photo: Bloomberg
Opinion
Opinion
Macroscope
China’s crackdown on tech and tutoring is really directed at inequality
- Beijing’s regulatory moves on Big Tech, fintech and for-profit education are aligned with its long-term strategic priority, ‘common prosperity’
- However, this is not a goal that can be achieved with a few policy tweaks, and Beijing should consider the financial market reaction to its moves
A surveillance camera outside the tech company Tencent Holdings’ headquarters in Shenzhen. China’s antitrust regulators have been targeting Big Tech. Photo: Bloomberg
