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27.07.2021 - 02:02 [ Bloomberg.com ]

Technology – China Crackdown Rocks Investors: ‘Everybody’s in the Crosshairs’

The crash in tutoring stocks that began late last week spread Monday across the tech sector and beyond, after authorities confirmed reports they would ban a swathe of the education industry from making profits. It’s the government’s most extreme step yet to rein in private businesses that regulators blame for exacerbating inequality, increasing financial risk and — in the case of some tech titans –- challenging Beijing’s authority.

Nachrichten Kategorie: Kapital / capital. Nachrichten Schlagwörter: (Geld-) Märkte / Handel / Zocken / (money) markets / trade / gambling, Biden Administration 2021-2025, China, Geldsysteme / Währungen / Abbaugebiete / monetary systems / currencies / mining zones, Gespräche / Verhandlungen / Feilschen / talks / negotiations / horsetrading, Handel / Zonen / trade / zones, Kapital / Kapitalismus / capital / capitalismus, Konzerne / Konsortien / corporations / companies / contractors, Staat (Machthaber / Regime / Regierungen / Struktur / Exekutive) / state (rulers / regimes / governments / structure / executive branch), Taktiken / tactics, Technologie / technology, United States of America (USA), und wie schade... / too bad....

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