The recent Politburo meeting underscored that reining in the tech sector's has become a key priority for China’s leadership. The economic consequences of this crackdown are far from clear-cut. But given the tech’s sector role as an important growth engine, the risks appear skewed to the downside. On a more positive note, policymakers also appear to be putting greater emphasis on the need to address the structural factors holding back consumption in China.
- This will be the last China Economics Weekly for 2020. The next Weekly will be sent on Friday 8th Jan. 2021 -
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