Pinduoduo’s overseas expansion comes at a time when China’s economic slowdown, worsened by Beijing’s stringent Covid-19 control measures, has rippled through a tech sector already grappling with the aftermath of a regulatory clampdown. Raffaele Huang, WSJ, 2 Sep. 2022 The regulatory clampdown is not without cause: Last month, NHTSA reported traffic fatalities nationwide hit a 16-year high in 2021 after 42,915 people lost their lives last year. Christiaan Hetzner, Fortune, 10 June 2022 Liu has also recently made headlines for pledging billions of dollars to charity amid China's regulatory clampdown on tech. Michelle Toh, CNN, 7 Apr. 2022 The clampdown comes as China's central bank has been testing its own digital currency, the electronic Chinese yuan. Compiled Democrat-gazette Staff From Wire Reports, Arkansas Online, 25 Sep. 2021 In recent months, China has embarked on a major clampdown on private enterprise, which has engulfed some of the country's top players. Cnn Staff, CNN, 31 Aug. 2021 While Chinese leaders have always maintained strict controls on the country’s media, the latest clampdown is significant for its timing, media scholars and analysts said. Liza Lin, WSJ, 12 Oct. 2021 The West is re-embracing Prince Mohammed despite concerns about human rights in Saudi Arabia, where dozens of people have been arrested in a clampdown on political freedoms. Noemie Bisserbe, WSJ, 28 July 2022 While gun reform advocates on both sides of the border have cheered Canada's further clampdown on gun purchases, some say the new law doesn't go far enough. Yvonne Lau, Fortune, 12 June 2022 See More