What's Behind China's Clampdown on Big Tech? - THEMARKETTRENDZ

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Wednesday, 11 November 2020

What's Behind China's Clampdown on Big Tech?



Nov.11 -- Hoi Tak Leung, counsel at law firm Ashurst in Hong Kong, looks at the Chinese government's clampdown of the country's technology companies. Beijing on Tuesday unveiled regulations to root out monopolistic practices in the internet industry, seeking to curtail the growing influence of corporations like Alibaba Group Holding Ltd. and Tencent Holdings Ltd. Leung speaks on "Bloomberg Markets: Asia."
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