Tuesday, July 27, 2021
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HomePoliticsGeopoliticsRegulatory Hammer {BOILS DOWN} on China’s Didi

Regulatory Hammer {BOILS DOWN} on China’s Didi

Bloomberg {will be} reporting that Chinese regulators {are thinking about} unprecedented penalties for Didi Global Inc, a Chinese ride-sharing app that {released} a $4.4 billion initial public offering on {the brand new} York {STOCK MARKET} in June before coming under investigation by state authorities in China.

A broad {selection of} options are being {regarded as|regarded} by the regulatory probe, {{that is} comprised of officials {from the} {selection of} state and Party departments.|{that is} comprised of officials {from the} {selection of} Party and state departments.}

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