{"id":112521,"date":"2021-08-11T14:44:36","date_gmt":"2021-08-11T06:44:36","guid":{"rendered":"https:\/\/www.chinapulse.com\/?p=298866"},"modified":"2021-08-11T14:44:36","modified_gmt":"2021-08-11T06:44:36","slug":"three-year-de-financialization-drive-behind-regulatory-pressure-on-chinese-internet-giants","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2021\/08\/11\/three-year-de-financialization-drive-behind-regulatory-pressure-on-chinese-internet-giants\/","title":{"rendered":"Three Year De-financialization Drive Behind Regulatory Pressure on Chinese Internet Giants"},"content":{"rendered":"<p>State media points to the Chinese government\u2019s ongoing campaign to \u201cde-financialize\u201d the business operations of leading Internet platforms as a key predecessor to the heavy regulatory pressure recently applied to online giants such as Ant Group and DiDi Chuxing. In 2018 Chinese regulators launched a \u201cde-financialization\u201d (\u53bb\u91d1\u878d\u5316) campaign that targeted domestic Internet companies, with the goal of pushing them to focus more on their role as tech service providers instead of seeking to act as independent financial institutions.&#8230;<\/p>","protected":false},"excerpt":{"rendered":"<p>State media points to the Chinese government\u2019s ongoing campaign to \u201cde-financialize\u201d the business operations of leading Internet platforms as a key predecessor to the heavy regulatory pressure recently applied to online giants such as Ant Group and DiD&#8230;<\/p>\n","protected":false},"author":250,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[414,65,144,213,936,586,325,671,115,4,607,194,52,106,1542,334],"tags":[10406,6816,3472,8578,6823,8864,10345,4765],"class_list":["post-112521","post","type-post","status-publish","format-standard","hentry","category-baidu","category-beijing","category-china","category-china-news","category-cloud-computing","category-economy","category-education","category-finance","category-insurance","category-internet","category-netease","category-news-chinese-law","category-online-payment","category-search-engine","category-technology","category-university","tag-ant-group","tag-big-data","tag-chinese","tag-didi-chuxing","tag-fintech","tag-news-media","tag-propaganda","tag-xiaomi"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/112521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/250"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=112521"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/112521\/revisions"}],"predecessor-version":[{"id":112522,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/112521\/revisions\/112522"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=112521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=112521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=112521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}