Alibaba, Taobao, Didi; Chinese tech companies are all collapsing one by one... Could TikTok be next?
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who's taking them down?????
Take your pick. A disturbing amount of the Chinese economy is based off unsustainable models. Heavy Government interference. Rampant Corruption. Rampant Nepotism etc.
Not to mention Foreign Companies and investors are pulling out. No shortage of external enemies. The list is limitless.
I'm trying to figure out how this is different than the U.S....
If I had to guess, either the investors pulling out, or the white hats targeting CCP assets