Over the last 12 months, China's government has engaged in an unprecedented regulatory crackdown on the country's technology sector. Alibaba was hit with a multibillion-dollar antitrust fine; new regulatory rules were crafted that target the emergent online education sector; and the ride-hailing service Didi Chuxing saw its software pulled from app stores just days after it pursued an IPO in the US, which went against the wishes of Chinese regulators.
