The Chinese Communist Party is reining in its tech companies. But is it for control, finance, or politics? We speak with Riley Walters, deputy director of the Japan Chair at the Hudson Institute. He is an expert on macroeconomics.
We learn more about the reason why Chinese leader Xi Jinping and his regime would want to take companies like Tencent and Alibaba down a notch, as well as what it means for the investors in America and around the world, and for the future of U.S.–China engagement and competition.