China Adds Fear Factor as it Reins in Listed Tech Firms
Patrick Frater Asia Bureau ChiefA raft of measures taken by China to control its tech firms and expand national security protection are rattling the entertainment sector and internet giants at home and abroad.On Sunday, Chinese regulators shocked stock markets by banning downloads of ride hailing app Didi Chuxing. Other than another enforcement action two days earlier, which blocked Didi from accepting new users, the company apparently had no notice of the latest action.