Dan Wang Explains What China's Tech Crackdown Is Really All About
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 13 September 2021
⏱️ 50 minutes
🧾️ Download transcript
Summary
Over the last several months, Chinese authorities have undertaken a sweeping campaign of change. We've seen crackdowns on big tech and fintech companies (like Ant Financial and Didi), online education companies, and now even the playing of video games. Investors in key sectors have gotten clobbered by the new rules. So what is the goal and what is the endgame here? On this episode, we speak to Dan Wang, a China tech analyst at Gavekal Dragonomics, who breaks it all down.
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| 0:42.9 | I'm Tracy Alloway. |
| 0:44.7 | And I'm Joe, why isn't all? |
| 0:46.9 | So, Joe, it's been a pretty eventful summer here in Hong Kong. |
| 0:53.2 | Yeah, I mean, that's my impression. |
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| 0:57.2 | but everywhere that Chinese money has touched this summer, |
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