Beijing Doubles Down Against Freedom of Speech
News Analysis The Chinese Communist Party's (CCP) coming ban on non-state media in China expands Xi Jinping’s power ...
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News Analysis The Chinese Communist Party's (CCP) coming ban on non-state media in China expands Xi Jinping’s power ...
Wang Xing, the 42-year-old billionaire founder and chief executive of Meituan, has apparently locked down nearly 18,000 of his social media posts from public view, weeks before the food delivery and on-demand local services giant was slapped with a 3.44 billion yuan (S$723 million) fine by the government to end the firm's antitrust investigation. Online checks made by the South...
The antitrust fine has removed some lingering concerns about the company's future.
Meituan’s Wang Xing has locked down from public view all of his posts on Chinese microblogging platforms Weibo and Fanfou.
The $530 million fine is Beijing’s second major penalty this year against an internet company accused of monopolistic practices.