Facial recognition for gamers, app store bans for Didi: what's behind China's recent crackdown on big tech?

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By Yoongi in Technology
Updated 3 years ago

Over the past few weeks, the Chinese government's crackdown on big tech companies has intensified. The giants have all felt the brunt of heightened regulatory scrutiny. At the end of last year, Ant Group (which owns the payment platform AliPay) failed to go public on the stock market. Chinese regulators cited a lack of compliance with new fintech regulations, which were abruptly introduced a week after founder Jack Ma publicly criticised the existing regulatory regime.

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