THE RAPIDLY CHANGING INVESTOR CALCULUS ON CHINA’S TECH GIANTS

State Administration of Market Regulation (SAMR) has already levied hefty fines on Alibaba and Meituan. Recent developments suggest that SAMR is only getting started. China is considering upgrading the antitrust bureau within SAMR to deputy-ministerial status, under the name of the National Antimonopoly Bureau. That portends further choppy waters for China's tech giants and others competing for market share.
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