seeing this as a good place to do business? at this moment, when we talk do business? at this moment, when we talk about do business? at this moment, when we talk about the - when we talk about the confidence a bit low, notjust in the hospital sector, the corporate sector, sentiment is low because of the policy uncertainty in the last several years. also part of that is the reluctance of the government to support the economy at this moment which is really posing a risk to the economic growth this year. from a long term perspective, i think it really depends on what the government is trying to do to reduce the policy uncertainty. on that front, i think the government actually is stepping up, recently relaxing deregulation and housing sectors, the platform economy sector and welcome foreign company investment as well as private investment. hopefully that could actually bring back some of the confidence which would support the economy, notjust in the near term but also in the long ter
about the confidence is a bit low, the corporate sector, sentiment is low because of the policy uncertainty in the last several years. also part of that is the reluctance of the government to support the economy at this moment which is really posing a risk to the economic growth this year. from a long term perspective, i think it really depends on what the government is trying to do to reduce the policy uncertainty. on that front, i think the government actually is stepping out, recently relaxing deregulation in the housing sectors, the platform economy sector and welcome foreign company investment as well as private investment. hopefully that could actually bring back some of the confidence which would support the economy, notjust in the near term but also in the long term. some of the data we saw on friday in terms of its
Friday, March 5, 2021
China
On Feb. 7, 2021, the Anti-monopoly Committee of the State Council issued the Anti-monopoly Guide for the Platform Economy Sector (the “Platform Guide”). The Platform Guide represents a finalization of a previous draft released in November 2020. The rules under the Platform Guide apply to activities of the internet platform economy.
Highlights of the Platform Guide include the following:
Definition of the Relevant Market. In contrast to the general requirement that a market must be clearly defined before assessing market harm, the Platform Guide appears to create an exception when investigating cases in the internet platform economy. Article 4.3 of the Platform Guide suggests that there may be instances where the relevant market is not required.