China issues new draft rules to further rein in anti-competitive practices
On Tuesday, China’s top market watchdog published a new draft rule to further extend its crackdown on anti-competitive practices. The draft prohibited forced exclusivity, soliciting fake reviews, and protect intellectual property and brand reputation. The news triggered a new sell-off wave for listed Chinese tech companies, including Alibaba Group, Tencent,…
bubmagAugust 18, 2021