China defends tech crackdown in meeting with Wall Street chiefs | Fin24


China’s top regulators defended their market-roiling crackdown on various industries in a meeting with Wall Street executives 

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China’s top regulators defended their market-roiling crackdown on various industries in a meeting with Wall Street executivesGlobal investors have been unnerved by the regulatory onslaught from Beijing targeting its biggest technology companies and other industries Beijing’s regulatory campaign erased $1.5 trillion from Chinese stocks amid a broader sell-off at its most extreme.China’s top regulators defended their market-roiling crackdown on various industries in a meeting with Wall Street executives, while reassuring them the stricter rules aren’t aimed at stifling technology companies or the private sector.China Securities Regulatory Commission Vice Chairman Fang Xinghai said recent actions were to strengthen regulations …

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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