For China’s tech giants, whose ethos seemed to be “the sky is the limit”, 2021 saw their ambitions curbed by tightened regulations and increased government scrutiny. Illustration: Perry Tse
For China’s tech giants, whose ethos seemed to be “the sky is the limit”, 2021 saw their ambitions curbed by tightened regulations and increased government scrutiny. Illustration: Perry Tse

A year into China’s tech crackdown, the sky is no longer the limit for China’s Big Tech

  • Under a forceful clampdown by Beijing, China’s tech giants fell in line with new national priorities that emphasised hard technologies and common prosperity
  • As Big Tech companies came under pressure to reform their business models, an era of exceptional growth drew to a close

For China’s tech giants, whose ethos seemed to be “the sky is the limit”, 2021 saw their ambitions curbed by tightened regulations and increased government scrutiny. Illustration: Perry Tse
For China’s tech giants, whose ethos seemed to be “the sky is the limit”, 2021 saw their ambitions curbed by tightened regulations and increased government scrutiny. Illustration: Perry Tse
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