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Podcast: Business Daily
Episode:

China's Tech Crackdown

Category: Business
Duration: 00:17:28
Publish Date: 2021-08-04 07:50:00
Description: Is China's behavior towards its innovators separating the country further from the world? That's the question on everybody's mind, as the Chinese authorities continue to exert their political power over the country's rising tech companies. George Magnus, associate at the China Centre at Oxford University warns that despite increasing western interest in the Chinese market, foreign investors should be wary about political clampdowns on companies. But Angela Zhang at the University of Hong Kong, argues some of the government's actions could be seen simply as prudent regulatory moves against the power of Big Tech. And Ker Gibbs, Chairman of the American Chamber of Commerce in Shanghai, explains how businesses are navigating this intersection between politics and commerce. Producer: Frey Lindsay. (Picture: Logo of Didi Chuxing, China's largest ride-hailing company. Picture credit: Zhang Peng/LightRocket via Getty Images)
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