Bloomberg: China’s Xi Vows Tighter Oversight of Tech Firms, Digital Economy
Wed October, 2021, Age: 2 years
President Xi Jinping ordered better regulation of the country’s technology sector, which would help China take advantage of the transformation happening in the tech industry. Xi vowed to “correct” practices that harm the interests of the masses and hinder fair competition although the wide-ranging crackdown has covered much of the vast digital industry, including online education.
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