A Meituan delivery worker rides a scooter carrying vegetables on a snowy day in Beijing. China singled out a so-called gig economy as one area that needed more oversight, including services such as Didi Chuxing-led ride-hailing, food and grocery delivery that’s the province of Meituan, or Airbnb-style operators like Tujia. — Reuters
China pledged to deepen antitrust enforcement across emergent sectors including on-demand Internet services, broadening a campaign to rein in the growing power of private firms.
China “resolutely” opposes monopolies and unfair competition and will step up regulation in sectors such as platform businesses, according to a plan released by the general offices of the powerful Communist Party Central Committee and the State Council, the cabinet.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
