Chinese regulatory crackdown in 2021
GPTKB entity
Statements (34)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
regulatory event
|
| gptkbp:affectedIndustry |
gptkb:technology
education finance real estate |
| gptkbp:country |
gptkb:China
|
| gptkbp:goal |
promote social equality
curb monopolistic practices protect data privacy reduce financial risk |
| https://www.w3.org/2000/01/rdf-schema#label |
Chinese regulatory crackdown in 2021
|
| gptkbp:impact |
stock market volatility
decline in tech company valuations layoffs in education sector |
| gptkbp:notableAction |
Alibaba fined $2.8 billion
Didi Chuxing app removed from app stores ban on for-profit tutoring increased scrutiny of overseas IPOs restrictions on gaming for minors |
| gptkbp:notableCompanyImpacted |
gptkb:New_Oriental_Education
gptkb:Didi_Chuxing gptkb:Alibaba gptkb:Meituan gptkb:Tencent |
| gptkbp:regulates |
gptkb:legislation
gptkb:Ministry_of_Education_of_the_People's_Republic_of_China gptkb:State_Administration_for_Market_Regulation gptkb:Cyberspace_Administration_of_China antitrust data security private tutoring ban |
| gptkbp:startDate |
2021
|
| gptkbp:bfsParent |
gptkb:Didi
|
| gptkbp:bfsLayer |
6
|