China’s Crackdown on Tech

Cultural revolution 2.0

Illustration for a  story looking at the various crackdowns on billionaires and on the tech industry, as a sign that Xi is going after his political competitions in a way that we haven’t seen since Mao in 1960s. Ideologically putting an accent on orthodox marxism/communism, he’s willing to sacrifice huge economic dividends of the tech industry in order to do this.

© Nikkei Asia, October 4-10 2021, Japan, cover.