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DiDi means war: a financial cold war with China

August 3, 2021
Source: newsus.app newsus.app
News Snapshot:
Beijing’s crackdown on one of China’s giant tech corporations, DiDi, the “Uber of China,” has an effect on much more than just this company (and its investors). This indicates an escalation of what we can now begin to see as a Cold War between China and the United States. What is at stake is global monetary supremacy. DiDi Chuxing Technology Co hasn’t been a family visit here in the United States until this month. DiDi is a “ridesharing company”, and much more. . . It has expanded into a wide variety of similar and semi-similar activities, adding bike sharing, on-demand...
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