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Talk at the Library: Prepared for All Types of Weather – Tech Entrepreneurs in China
ZURICH, September 9, 2021 — Duncan Clark, one of the leading experts on China’s technology sector, talks about Chinese tech sector regulations in a conversation with Asia Society Switzerland's Nico Luchsinger. For years, Chinese regulators gave the country’s rapidly evolving tech industry a lot of room to grow and develop. But in recent times, there has been a sharp turn: Late last year, authorities prevented Ant Financial's initial public offering (IPO) at the last minute. This summer, they cracked down on ride-sharing giant Didi just as it prepared to go public. Several other companies, including Tencent and Baidu, were fined or are under review. (35 min., 50 sec.)