China offers a masterclass in how to humble big tech, right?

And yet suddenly antitrust in China has come to life in the way police internal affairs have done thanks to the British cop show “Line of Duty”: as a source of unending fear and fascination, carried out by agencies with impenetrable acronyms and a keenness for Stasi-like dawn raids. In short order, it has transformed the country’s erstwhile tech giants into simpering poodles.

Start with speed, the Communist Party’s biggest edge over America’s democratic ditherers. When overweening tech barons treat politicians like patsies, don’t invite them to mind-numbing congressional hearings. Force them to keep a low profile for a while, as China did with Jack Ma, co-founder of Alibaba, China’s biggest e-commerce firm, who also founded its fintech stablemate, Ant Group. In no time, the billionaire class got the message.

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China's efforts have nothing to do with antitrust.

Not sure I follow the argument being made here. Just because China destroyed trusts a certain way and to certain ends doesn't mean constraining some big tech firms leads to undue power to the government. For a free market, the government must act to ensure competition is viable.

Lol...who is your daddy ? How much money are you receiving directly or indirectly from chinese entities?

Well well, well...China created the behemoth companies with 'unmarked' government money to create a stockmarket artificially the profited from its gains. When this became too powerful the government pulled the money back, sent the poodles home, keeping them with some status.

I don't know how to say grateful to trade_with_james715 the change she brought me and my family $ 10,000 in 7days with $ 1,000 it's enough to appreciate, thanks so much MrsJamesTricia

I mean, comrades can do whatever they want. It's one party dictatorship over there. Not obeying the party? Send this guys to the concentration camp! Xinjang?

wow

China offers a masterclass in how to cut big tech down to size. But there is one lesson that America can teach China and it is the most important lesson of all Are you talking about making and handing out lists?

USA, The New Leader in Biotech & Pharmaceutical, I’m Gonna Lead the Way to Get American Out of its Debt to China.

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