Xi Jinping’s campaign against private enterprise, it is increasingly clear, is far more ambitious than meets the eye. China's Communist president aims to rein in Chinese capitalism and hew to Mao Zedong's socialist vision.

Ride-hailing giant Didi Global Inc. is considering going private in order to placate authorities in China and compensate investors for losses incurred since the company listed in the U.S. in late June, according to people familiar with the matter.

A powerful agency that China’s President Xi Jinping set up during his first term to police the internet is taking on a new role: regulating U.S.-listed Chinese companies.

China's targeting of ride-hailing app DiDi should serve as a warning to other firms such as Tesla, analysts say.

China's cyberspace regulator said on Sunday that it had ordered smartphone app stores to stop offering Didi Global Inc's (DIDI.N) app after finding that the ride-hailing giant had illegally collected users' personal data.