Jan 09, 2023 04:21 AM

China Wraps Up Two-Year Tech Crackdown, Top Official Says

Guo Shuqing
Guo Shuqing

China’s more than two-year clampdown on its sprawling internet sector is coming to an end, according to a top central bank official.

The special campaign to rectify 14 internet platform companies’ financial businesses is basically complete with few remaining issues to resolve, said Guo Shuqing, Communist Party secretary of the People’s Bank of China (PBOC).

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