SCMP : China regulatory storm on Tech companies may cool off
#1

https://www.scmp.com/tech/policy/article...s-after-xi

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

Some regulation make sense others make no sense.

One claim is data will be leaked if company listed in foreign country.

Look at Grab....look at Sea (Shoppee) they collect so much Singapore data but they are allowed to list on Nasdaq....the Singapore Cyber Authority and govt has no concern at all.

The other thing is regulation of games for under 18. Every country has teen game addicts. If you don't get addicted to games there is drugs, glue sniffing, gambling, sex, porn, etc.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

Is this the end of Capitalism in China?  Will Russia be the next to show its true colour to Capitalism?  Does it tell us never to trust and invest too much in Companies practising Capitalism in China and Russia?  So far,  most people have almost forgotten that they are still,  Communists.

Omni is in my ignored list. This works well like he always bumps my post for me all the time. Thank u Omni.

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#4

China deleveraging.


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