chineseregulation
According to some experts, China’s crackdown on tech companies is inspired by Germany-style regulation. The Asian giant has veered towards anti-trust rules, an emphasis on manufacturing over services, and an approach to education that resemble those of its European counterpart. Q2 2021 hedge fund letters, conferences and more China’s CrackdownChen Li, a senior strategist at brokerage Soochow Securities Co said in a presentation that China has turned from “the American way” to “the German way.” His assertion is backed by Chris Leung, chief China economist at DBS Group Holdings Ltd, who says tha...
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China’s crackdown on business is set to continue after the government announced a 5-year regulation plan for its economy. Q2 2021 hedge fund letters, conferences and more China’s Crackdown To Extend 5 YearsAccording to BBC, the Chinese government has put pressure on exchanges again by presenting a five-year plan that outlines a stricter regulation of much of its economy. China says that new rules will be introduced and will cover areas including national security. The document also refers to Chairman Mao as the nation's Communist Party celebrates a century of existence. The 10-point plan will ...
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