China Cracked Down on Its Web Giants. The Rebound Will Be Sluggish.

Staff are mirrored on a glass panel whereas strolling previous a brand on the Ant Group headquarters in Hangzhou, China. Qilai Shen/Bloomberg Textual content measurement There are sit-downs, after which there’s what occurred in Beijing on April 13. China’s State Administration for Market Regulation summoned 34 web firms and gave them a month to “appropriate


Staff are mirrored on a glass panel whereas strolling previous a brand on the Ant Group headquarters in Hangzhou, China.


Qilai Shen/Bloomberg

Textual content measurement



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