Why China is hobbling its tech sector
Beijing (AFP) July 11, 2021
Scuttled listings and share prices hammered by official threats: Beijing has launched a withering and very public assault on some of China's biggest tech names. The travails of ride-hailing giant Didi Chuxing this week carried a cautionary tale for digital big hitters: what goes up, can come down... and fast. Days after a New York IPO that raised $4.4 billion, Didi's app was banned from
