Beijing’s probe into Didi Global has sent shockwaves through investors and multinationals with operations in or exposure to China. Many are left wondering if this is just good data policy poorly executed or a more calculated step to undermine the U.S. financial system and its regulators. Carly Ramsey, Head of Global Risk Analysis for Greater China and Yifei Zhang, General Manager, North China discuss recent events and how they might be viewed in the context of China’s domestic policy and regulatory developments.
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