China's Tech Crackdown: Impacts and Insights

This chapter explores the recent regulatory actions by the Chinese government targeting major tech companies like Ant Financial and Didi. It contrasts China's stringent measures with the more relaxed approaches in Western countries, delving into themes such as the rule of law and the emphasis on certain technologies over others. The chapter also discusses the market shifts resulting from these crackdowns, particularly the transition of investments towards critical sectors like semiconductors.