China's Big Tech Crackdown

China’s Sweeping Crackdown on Big Tech Is a Wake-Up Call for the U.S.
https://nymag.com/intelligencer/2021/08/chinas-sweeping-crackdown-on-big-tech-is-a-wake-up-call.html

The China Model: What the Country’s Tech Crackdown Is Really About
https://www.bloomberg.com/news/articles/2021-07-27/china-tech-crackdown-xi-charts-new-model-after-emulating-silicon-valley

China launches 6-month intensive campaign to set Big Tech straight
https://asia.nikkei.com/Business/China-tech/China-launches-6-month-intensive-campaign-to-set-Big-Tech-straight

Rise of Digital Yuan Brings New Challenges for China Tech Giants
https://www.bloomberg.com/news/articles/2021-07-27/china-reins-in-bitcoin-cryptocurrencies-to-push-digital-yuan

Stephen Roach notes:

https://www.project-syndicate.org/commentary/chinese-tech-crackdown-crushes-animal-spirits-by-stephen-s-roach-2021-07
The Chinese government has taken dead aim at its dynamic technology sector, the engine of consumption-led economic rebalancing. The authorities' recent actions are symptomatic of a deeper problem: the state’s battle to control the energy of animal spirits could sap the confidence of households and businesses. 

Related:

China Targets Costly Tutoring Classes. Parents Want to Save Them.
https://www.nytimes.com/2021/07/30/business/economy/china-education-tutors.html