Business

China Now Applying Full Regulatory Actions on Tech Giant Tencent

China continues to keep a tight reign on Chinese technology giants mainly to reduce their power in acquiring the tech innovations of other domestic firms. Just recently, China’s State Administration for Market Regulation (SAMR) imposed a fine of 500,000 yuan on China-based multinational conglomerate company Tencent, for being anti-competitive. Moreover. SAMR ordered Tencen to give […]