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China outlines regulations for car-hailing apps

Beijing is taking aim at the “sharing economy” in China, publishing draft regulations that would impose taxi-like restrictions on private car-hailing services and could raise costs for internet booking leaders Uber

and Didi Kuaidi.

The regulations, open for public comment for a month, would require internet-based car-booking operators to obtain licences, set up local offices and maintain China-based servers, China’s Ministry of Transportation said in a draft posted on its website late on

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