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China signals competition boundaries as Meituan vows to win delivery war

By Yonnex Li ( May 27, 2025, 07:15 GMT | Insight) -- Chinese regulators must take decisive action "when necessary" to stop destructive market competition, according to a commentary in the Communist Party's People's Daily that articulates the official reasoning behind recent intervention in the food delivery sector. The publication coincides with the CEO of delivery giant Meituan saying his company is "prepared to do whatever it takes to win the fight."Chinese regulators must take decisive action "when necessary" to stop destructive market competition, according to a commentary in the Communist Party's People's Daily that articulates the official reasoning behind recent interventions in the food delivery sector....

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