China just told its tech giants to stop fighting on price and start investing in AI

May 31, 2026

By Alina Maria Stan A top-level Communist Party publication has signaled a shift in how Beijing intends to govern its largest internet platforms. A draft commentary set to appear in the Qiushi journal on Monday says the focus will be on balancing support for growth with enhanced regulatory oversight. The message is directed at companies including Alibaba, Meituan, and […] This story continues at The Next Web

Source:: The Next Web

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