Chinese Whispers: the Chinese backlash against Big Tech episode artwork

EPISODE · Jan 25, 2021 · 34 MIN

Chinese Whispers: the Chinese backlash against Big Tech

from Best of the Spectator

In November, the IPO of Jack Ma's fintech company Ant Financial was abruptly stopped by Chinese regulators (listen to the episode of Chinese Whispers from then here). But while the move has been seen as counter-productive and political in the West, many Chinese cheered the clipping of Jack Ma's wings. It's in no small part thanks to the consumer lending wing of his company, which is often blamed for a spiralling debt culture in China. Are we seeing the beginnings of a backlash against Big Fintech in the country? Cindy Yu talks to Rui Ma, a former venture capitalist and co-host of the podcast Techbuzz China. Hosted on Acast. See acast.com/privacy for more information.

In November, the IPO of Jack Ma's fintech company Ant Financial was abruptly stopped by Chinese regulators (listen to the episode of Chinese Whispers from then here). But while the move has been seen as counter-productive and political in the West, many Chinese cheered the clipping of Jack Ma's wings. It's in no small part thanks to the consumer lending wing of his company, which is often blamed for a spiralling debt culture in China. Are we seeing the beginnings of a backlash against Big Fintech in the country? Cindy Yu talks to Rui Ma, a former venture capitalist and co-host of the podcast Techbuzz China. Hosted on Acast. See acast.com/privacy for more information.

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Chinese Whispers: the Chinese backlash against Big Tech

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In November, the IPO of Jack Ma's fintech company Ant Financial was abruptly stopped by Chinese regulators (listen to the episode of Chinese Whispers from then here). But while the move has been seen as counter-productive and political in the West,...

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