Key Takeaways
What Surprised Us the Most – The severity of the crackdown on private education, and the uncertain timing of regulatory enforcement in China
What’s Next – The on-going regulatory scrutiny covers a wide range of issues and impact several industries not just Big Tech, such as Health Care, Real Estate, Financials and certain segments of Consumption.
Keyword: Security – Despite the multitude of regulatory issues, security is an overriding theme that connects the various dots. For example, cybersecurity is one form of “security”. Technology self-sufficiency is for national security. Narrowing the wealth gap is about social security. Deleveraging the economy is to ensure financial security. And climate change is about environment safety…
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