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china tech companies: Beijing's regulatory crackdown wipes $1.1 trillion off Chinese Big Tech

The central bank said on Friday most of the main problems for platform companies financial businesses had been rectified, and regulators would shift their focus to the industry as a whole rather than specific companies. ....

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China's rapidly evolving digital economy spurs debate about tax, welfare system

China’s government is being urged to rethink the way it calculates key economic indicators, such as gross domestic product and the unemployment rate, to ensure they are appropriate for the modern digital economy. ....

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China's private sector confidence 'pivotal' to economic recovery as a global recession looms

China’s government must boost confidence in the private sector, which has come under enormous pressure following three years of coronavirus controls and regulatory action, to enable economic recovery, economists say. ....

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