China wants its citizens to have more babies, so it's trying to reduce living costs through a policy that cracks down on billionaires and bans private tutors from earning a profit.
China has wiped out more than $1 trillion from its biggest tech firms, and the billionaires facing the greatest risk are the ones whose power and influence rivals that of Xi Jinping.
Nuevo round entre China y los gigantes de Internet: el país endurece las leyes de competencia cronista.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cronista.com Daily Mail and Mail on Sunday newspapers.
Why Did China Crack Down on Its Ed-Tech Industry? thediplomat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediplomat.com Daily Mail and Mail on Sunday newspapers.