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Tencent’s Martin Lau Explains China’s Tech Sector Crackdown

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variety.com

Patrick Frater Asia Bureau ChiefMartin Lau, president and executive director of China’s tech and entertainment industry leader Tencent, on Wednesday explained the positive outcome from the maelstrom of new regulation that the Chinese government is currently imposing on the internet.In less than a year, regulators from multiple departments and ministries have besieged the country’s leading private sector companies.

Some have been very publicly been cut down to size with fines, another saw its IPO canceled, others have endured pressure and criticism from state media.

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