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The Nikkei View

China must stop using unclear rules to hobble web companies

Lack of transparency in government interventions could have global market impact

A passenger holds a smartphone showing the logo of Didi's ride-hailing app in the Chinese city of Nanchang, Jiangxi Province, on July 4. Just days after its IPO in the U.S., the company was ordered by Chinese authorities to remove its app from domestic app stores.   © AP

The Chinese government is tightening its grip on the country's internet giants, coming down particularly hard on companies listed on the U.S. stock market. A broad swath of investors could be affected by the crackdown. China must stop using unclear rules to hobble web companies.

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