Analysis: China’s regulatory thaw leaves investors eager yet uneasy

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Reuters UK

SHANGHAI/HONG KONG (Reuters) – As Chinese authorities signal that a two-year crackdown on the domestic technology sector is over, global investors are relieved and yet loath to take the government at its word. Foreign investors have been returning to mainland markets since May as its stringent COVID-19 lockdowns ease and after pledges from China’s highest policymakers, including Vice Premier Liu He, to support an economy staring at recession. More explicit signs that the regulatory crackdown that crippled the technology sector is easing came this week with reports ride-hailing firm Didi Global…

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