This article only represents the author's own views.
Today we depart from our usual review of official announcements to look at something that most companies would probably prefer not to talk about: getting in trouble with one of China’s many regulators. In this case we’re zooming in on the latest news that Q&A site Zhiuhui Inc. (ZH.US) has tangled with one of China’s regulators for allowing “illegal” content on its site.
This kind of run-in has become all the rage among China’s many regulators this year. Those regulators include everyone from the Education Ministry, which led a massive crackdown on China’s private education sector; to the State Administration for Market Regulation, which is leading anti-monopoly probes that have led to massive fines for some of China’s top internet firms; to the Cyberspace Administration of China, whose data security probes have led, among other things, to the recent decision by DiDi Global (DIDI.US) to abandon its U.S. listing for a re-listing in Hong Kong.