3min chapter

Odd Lots cover image

Dan Wang Explains What China's Tech Crackdown Is Really All About

Odd Lots

CHAPTER

Online Education Crack Down

i don't feel that there is a broad sense among the chinese people that the se s of the major te companies are as powerful as the politicians. The communist party cannot suffer any perception that major business leaders are able to challenge its authority, i think it was certainly offended that jack mob was so impudent as to insult the regulatorsthe major financial firms. I think this is one of these underlying motivations, perhaps these ata companies are, you know, sort of the ponds of internal political struggles based on whose family ones, whitch firm. These are some things that we understand not at all about.

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