Draft 5 year plan:

• https://www.nytimes.com/2021/03/10/business/china-us-tech-wecrivalry.html

WSJ is following us…

• Tencent as an investment powerhouse: https://www.wsj.com/articles/chinas-tencent-becomes-an-investment-powerhouse-using-deals-to-expand-its-empire-11614769545
• Wall Street finally picks up on what we’ve seen as inevitable for months -> Tencent valuation drops by $62B on news that they are next to be hit by gov anti-trust crackdown in fintech: https://www.bloomberg.com/news/articles/2021-03-15/tencent-loses-62-billion-wiping-out-value-of-fintech-business

ANTITRUST - A bunch of companies get fined 

https://technode.com/2021/03/12/chinese-regulator-fines-alibaba-tencent-didi-for-antitrust-violations/

PRIVACY - New rules limit how much information apps can collect, limit to "necessary", specifically prohibit "bundled consent"

• https://www.scmp.com/tech/policy/article/3126483/data-privacy-china-defines-first-time-necessary-information-apps-can
• Also from a Western news source: https://techcrunch.com/2021/03/22/china-regulation-data-collection-may-starts

ALIBABA app to get on WECHAT

• Previously anything Alibaba had been blocked out of the app by WeChat/Tencent - https://www.bloomberg.com/news/articles/2021-03-17/alibaba-to-open-up-deals-app-in-concession-to-antitrust-campaign

PinDuoDuo

• PDD becomes the biggest ecommerce company by userbase: https://techcrunch.com/2021/03/17/pinduoduo-surpasses-alibaba/
• Founder Colin Huang to step down and focus on Foodtech: https://www.scmp.com/tech/big-tech/article/3126018/pinduoduo-founder-colin-huang-says-he-stepping-down-chairman-focus