China Investigates Hi Tech Data Collection by Didi Chuxing & 3 other prominent corporations and demolishes Stock Values! Why?

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Manage episode 297028532 series 2927946
על ידי Quantum Mechanics התגלה על ידי Player FM והקהילה שלנו - זכויות היוצרים שמורות למפרסם, לא ל-Player FM, והשמע מוזרם ישירות מהשרתים שלכם. הירשמו כדי לעקוב אחר עדכונים ב-Player FM, או הדביקו את כתובת העדכונים באפליקציות פודקאסט אחרות.

China has launched investigations into 4 major on-line platforms: New York listed Didi Chuxing (Ride Hailing) as well as two Truck Hailing Corporations and one Employment Agency (Huochebang, Yunmanman and Bosszhipin). This is not new for the state and private sector to be in conflict. . The process started with ANT-Alibaba and Jacky Ma. But this is a significant new step in sch confrontation. Is China killing the golden goose of its best known and succesful entrepreneurial corporations? Why is it happening? How does this influence the prudential case against owning Chinese corporations on their commercial merits alone. This goes deep into the power structure and practices of the Chinese Communist Party and of what is a Leninist (all power vested in the Part) state but not a Marxist one. Investors must understand what this means.

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