Daily Memo: Antitrust in China, US Sanctions, South Caucasus Update
In some ways, Beijing is as concerned about big tech companies as the U.S. is.
Chinese antitrust. On Tuesday, Chinese regulators published sweeping new antitrust rules targeting Chinese tech giants, the latest move in a slow-motion collision between the state and mega-firms like Alibaba. Beijing’s concerns are partly economic; the rapid growth of Chinese tech firms, along with their expansion into sectors like financial services, has generated risks for consumers, […]