Chinese Regulators on Mission to Rule Over Technology Giants

From digital yuan to regulating tech, Beijing seeks control over data

The logo of China's digital payments firm Alipay is pictured outside the office block of its parent company Ant Group in Shanghai on Nov. 4, 2020. Hector Retamal/AFP via Getty Images

Commentary

Beijing has begun to rein in China’s technology companies, issuing fines and instructing firms to change their corporate structure due to anti-competitive behavior and other transgressions.