I believe that China's ultimate goal is to advance its economy and it's citizens wellbeing in the long run. The crackdowns and regulations are all part of their plan.
1. Education crackdown : non profit education makes it cheaper for everyday chinese to be educated. Ray Dalio have emphasized that for the changing world order to happen, the education quality of the country must improve.
2. Alibaba, Tencent & other big tech crackdown : the crackdown mainly derived from big tech's failure to properly disclose past M&A and failure to treat its people fairly. This crackdownwill force big techs to do more self investigations to prevent future hastles.
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