China Escalates Its Regulatory Crackdown Campaign
Wisethero
English - July 31, 2021 19:36 - 2 minutes - 6.78 MBSociety & Culture Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The ongoing regulatory crackdown in the technology and education sector in China has not escaped our notice. This anxiety has spread to the wider market, and the MSCI China benchmark is down 13% in July. Large internet stocks have fallen over 20% before rebounding slightly, whilst some education stocks focusing on after-school tutoring or core-stage education have fallen by as much as 70%.
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