Chinese Regulators Prepare to Take Action Against More Tech Companies Posted by John Chan | Apr 30, 2021 After levying a record-breaking fine against Alibaba and requiring sweeping structural changes to Ant Group’s business earlier this month, Chinese regulators are showing no signs of letting up in their crackdown on big tech. Several news outlets reported this week on looming fines and regulatory overhauls at companies including Tencent, ByteDance, JD.com and others. On Thursday, the Wall Street Journal’s Lingling Wei and Stephanie Yang reported that China’s central bank had ordered 1...