China

Out of context: Reply #456

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  • grafician-4

    China dropped the regulation hammer on their tech and education industries, the markets are bleeding. Shaved over $1T out of those stocks.

    They also just banned WeChat.

    All Western smart money trying to get out of China and Honk Kong

    Wild times...

    grafician -4Permalink
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    • No, they've not just 'banned' WeChat, they've just nixed new registrations until it complies with legislation. WeChat is a hugely-useful tool for the CCPNairn
    • Alright Nairn to be more precise: https://www.reuters.…grafician
    • Yes, and that's what it says in that article, which I'd read - likely from the same place you saw it!Nairn
    • youve got it upside down graf - bans are coming for wechat's competitors. Honk Konkkingsteven
    • Wechat has competitors in China? Hmmmgrafician
    • But yes, Didi was pulled from the app stores earlier

      Anyway, it's a carnage      grafician
    • @Nairn nah, wechat was pulled from ecommerce websites too so that's a bangrafician
    • lol, here we go again.fadein11
    • Isn't this sort of what Americans dream of the government doing, cracking down on tech companies?yuekit
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