China tightens political control of internet giants kob.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kob.com Daily Mail and Mail on Sunday newspapers.
BEIJING (AP) The ruling Communist Party is tightening political control over China’s internet giants and tapping their wealth to pay for its ambitions to reduce reliance on U.S. and European technology.
Businesspeople, lawyers and economists say Beijing wants to rein in e-commerce, social media and other companies it worries are too big and independent.
Businesspeople, lawyers and economists say Beijing wants to rein in e-commerce, social media and other companies it worries are too big and independent.