China extends probe into US-listed tech firms after Didi blow

Beijing (AFP) July 5, 2021

Beijing on Monday widened its crackdown on its embattled technology sector Monday by announcing probes into two more US-listed Chinese companies, a day after banning ride-hailing giant Didi Chuxing from app stores in the wake of its huge New York initial public offering. The country's major internet firms wield massive influence among its army of consumers, but have in recent months had thei