2022 is expected to see a continuation of the trend of China clamping down on private industry.
Via Reuters:
- Analysts expect actions to extend into the new year with particular focus on data protection and deals that present national security risks while authorities also seek to step up control on private enterprise.
I posted earlier on one of the costs:
On the enhanced supervision re data, China is taking stakes in firms on this:
Here is the link to the Reuters piece referred to above.
