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When asked if there could be policy missteps in China s crackdown on its tech companies, Andy Rothman, an investment strategist with Matthews Asia, explained that it reflects a different approach to regulation as compared with the West. They are dealing with regulatory issues in a different way than Western governments deal. So normally, a Western government would lay out a regulatory structure in the early days of a new industry, like fintech being developed, he told CNBC s Street Signs Asia. The Chinese experience has been instead, to say to entrepreneurs, go ahead and give this a try. And then we ll step in there after we see how it works and decide how to regulate it, said Rothman. And I think that s what they re doing now.

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