Antitrust Antitrust

Comment: Alibaba, Tencent face warning shot as China's central bank flags antitrust, data-privacy risks

By Yonnex Li
  • 03 Nov 2020 03:05
  • 03 Nov 2020 03:05
Chinese digital giants Alibaba, Tencent and Baidu should brace themselves for a regulatory turn in China. After years of rather relaxed regulation, the powerful People's Bank of China, the country's central bank, appears to be spearheading a change in its regulatory regime to take on these Internet-finance pioneers, waking up to the

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Yonnex Li

Chief Correspondent, Greater China


Yonnex has an MA in Journalism from the Chinese University of Hong Kong, after obtaining a BA in Translation at the same university. At MLex, she writes extensively on antitrust developments in the Greater China region, including investigations, court cases and merger control of international transactions. Prior to joining MLex, she worked as a reporter at the English division of the Hong Kong Economic Journal, providing coverage and analysis on China's banking sector, asset management industry as well as currency and financial reforms.

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