Tag: crack down
State leadership gives tech companies more leeway again
Beijing The Chinese government is signaling an end to the tough approach towards the country’s tech companies. Several decisions indicate that the government considers its so-called “rectification campaign” to be…
Corona worries are causing business start-ups in China to collapse
Beijing Due to the corona lockdowns and stricter regulation, start-ups and start-up financing in China collapsed in the first five months. Almost 30 percent fewer companies were registered in the…