Posted 12/27/2023, 7:39:00 AM
China's Tech Crackdown Has Permanently Shifted Landscape Despite Easing Signals
- China's tech crackdown isn't over yet according to China Beige Book expert Shehzad Qazi, despite recent signals of easing
- New draft rules targeting the online games sector last week spooked investors and triggered a stock selloff
- While the worst scrutiny may be over for companies like Alibaba, the regulatory paradigm has permanently shifted
- Investors should not expect a return to the pre-2020 "lax rules" environment for China's tech sector
- The policy environment in China has become far less predictable for tech investors