Day: February 23, 2022

Market over-reacted to proposed lowering of fees for Chinese food delivery platforms

© Reuters. FILE PHOTO: A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021. REUTERS/Aly Song BEIJING (Reuters) -China’s state-run Economic Daily newspaper said on Wednesday the market had over-reacted to the government’s guidance that food delivery platforms