The Covid-19 pandemic has led to more online shopping, but it has also led to weakened consumer demand, a trends analysts expect to continue in 2022, dragging on growth for e-commerce firms and other internet businesses. Photo: Xinhua
The Covid-19 pandemic has led to more online shopping, but it has also led to weakened consumer demand, a trends analysts expect to continue in 2022, dragging on growth for e-commerce firms and other internet businesses. Photo: Xinhua

China tech crackdown: e-commerce and online advertising to contend with weak spending in 2022, UBS analyst says

  • Regulatory pressure and weak economic growth will continue to create uncertainty for internet businesses for another year, analyst predicts
  • Tech stocks were already hammered in 2021 after a slew of regulatory crackdowns that shaved half the value off many companies

Topic |   China economy
The Covid-19 pandemic has led to more online shopping, but it has also led to weakened consumer demand, a trends analysts expect to continue in 2022, dragging on growth for e-commerce firms and other internet businesses. Photo: Xinhua
The Covid-19 pandemic has led to more online shopping, but it has also led to weakened consumer demand, a trends analysts expect to continue in 2022, dragging on growth for e-commerce firms and other internet businesses. Photo: Xinhua
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