Monday, July 26, 2021

CCP Crackdown

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23-4-16 Logan Wright Grasping Shadows X-Ec 1 - Update > . 2 > .
23-1-23 Xina’s Two-Year Tech Crackdown Winds Up | WSJ > .
23-1-20 Xi's Biggest Errors - Kevin Rudd | Update > .
22-11-27 Dragon's Claw: Xina's Next 10 Years - Kamome > . skip > .
22-11-1 "Overreach" | Susan Shirk, Kevin Rudd | Asia Society > .
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22-10-25 Xina's Q3 details - Update > .
22-10-18 Xi absolute power through Party Constitution and XXP princelings - Lei > .
22-8-25 Xi vs Li: Xina’s dual-leadership after the 20th Party Congress? - Lei > .
22-8-3 Housing Crisis Pulls Down China’s Huge Steel Industry | Pelosi | Update > .
22-3-28 China's Economic Rise—End of the Road - cfr > .

CCP Amplifies Control-Freakery 
CCP Crackdown on Business ..
CCP Expansionism ..

Commenter: [dubious] "As a Chinese, I know the main motivation of this process of adjustment is to meet the challenges of the USA decoupling, which makes the government realize that many industry sectors are already in danger. That key strategy is to reduce the importance of real estate and financial assets, Internet and virtual economy, in order to improve the weakening manufactures and consumer sectors. It has been on the top list for years, and the US challenges just happen to accelerate its implementation."

China says crackdown on business to go on for years:

The Chinese government has unveiled a five-year plan outlining [even] tighter regulation of much of its economy. It says new rules will be introduced covering areas including national security, technology and monopolies in the world's second largest economy. The plan comes soon after Beijing started targeting the technology and education industries.

The 10-point plan, which runs to the end of 2025, was released jointly late on 21-8-11 by China's State Council and the Communist Party's Central Committee. It said laws will be strengthened for "important fields" such as science and technological innovation, culture and education. The plan also said the Chinese government aims to tackle monopolies and "foreign-related rule of law".

Regulations relating to China's digital economy, including "internet finance, artificial intelligence, big data, cloud computing etc." will also be reviewed. The announcement raised fresh concerns that Beijing's crackdown on technology and private education companies is set to continue and expand in years to come. Shares in many Chinese companies listed in the US, Hong Kong and mainland China have fallen sharply this year as investors' concerns grow over the crackdown.

21-12-28 From economic miracle to mirage – will China’s GDP ever overtake the US?: Analysis: issues of governance, rising debt, COVID and property market turmoil will delay Beijing’s quest to become the global economy’s No 1.

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