Technology
Here’s Where Xi May Strike Next in China’s Regulatory Crackdown
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Anti-corruption probe to Didi penalty remain areas of focus
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Xi’s campaigns against tech, property roiled Chinese stocks
Xi Jinping
Photographer: Justin Chin/BloombergChina’s campaign to tighten regulation across swathes of the nation’s industries is showing signs of abating, creating some relief among global investors. But there remains a number of unresolved issues that could yet have a wide-ranging impact on industries and financial markets alike.
The severity of the penalty for Didi Global Inc.’s controversial U.S initial public offering, the result of a corruption probe into China’s massive financial industry, and details of a planned expansion of property tax trials are just some of the potential concerns for investors.