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Analysis: China delivers on threats to rein in internet economy


Analysis: China delivers on threats to rein in internet economy

March 19, 2021 at 8:14 AM

On Tuesday, Chinese livestreaming e-commerce came under scrutiny. On Thursday, it was “deepfakes”. And earlier this month, Chinese authorities imposed fines on operators of community group buying platforms.

Beijing is making good on its threats to clamp down on the sprawling “platform economy”, with President Xi Jinping weighing in on the need to rein in behemoths that play a dominant role in the country’s consumer sector.

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