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MNI BRIEF: China to Strengthen Efforts On Anti-Trust

China will strengthen anti-trust work and prevent disorderly expansion into diverse industrial sectors, a statement published by a leading decision-making meeting chaired by President Xi Jinping said on Friday.

The statement comes against a backdrop of the government tightening regulations on big technology companies this year after their years' of expansion in multiple business sectors including finance, e-commerce and retailing. Beijing will also aim to keep the economy growing steadily and stick to the strategy of boosting consumption, said the statement published by Xinhua News Agency.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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