‘Not a crackdown’: China regulators signal more neutral enforcement in shift from 2021
Chinese regulators are increasing public enforcement actions against major tech and finance companies, a shift from their previous low-key approach. While this has caused investor concern, analysts suggest it's not a return to the harsh 2021 crackdown but rather a move to defend market order and curb monopolies. This new approach involves summoning company representatives, launching investigations, and publicly naming offenders, indicating a tighter regulatory environment for both private and state-owned firms. AI