China further pressures tech giants with new antitrust rules

In China, new regulations aim to control the expansion of Internet giants. — AFP Relaxnews

Tencent and Alibaba remain in Chinese governmental crosshairs after the announcement of new guidelines to curb anti-competitive practices.

Decidedly, in 2021, China is wary of its technology giants. After successive investigations into Chinese companies in the interest of preserving national security data, the Communist government has announced a new project to further control the power of certain companies.