Chinese regulatory crackdown in 2021

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb: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
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	7
https://www.w3.org/2000/01/rdf-schema#label	Chinese regulatory crackdown in 2021