As part of the plan, FIs will be encouraged to invest in the field of data security and provide convenient and efficient financial services to the sector.
January 19, 2023Didi passed its security review and is allowed to resume onboarding new customers. Government entities are acquiring "golden shares" in some tech giants.
January 18, 2023Regulators are targeting online information, accounts, website platforms and mobile apps being used to make stock recommendations illegally.
December 30, 2022Anna Gamvros and Ruby Kwok explain the compliance burden businesses face as China’s complex data governance landscape takes shape and the deadline for security assessments looms.
December 16, 2022Operators of critical information infrastructure using products or services that have not undergone security evaluations will face fines of up to 5 percent of annual revenue.
September 24, 2022The CAC said it supports the healthy development of China's internet companies and their use of overseas capital markets for fundraising.
August 24, 2022Research by S&P Global and Regulation Asia highlighted a refocus towards common prosperity type products and services, and a trend towards digital transformation.
August 17, 2022Companies including Alibaba, Tencent, Meituan, ByteDance and Baidu submitted algorithm information to regulators to comply with requirements adopted in March.
August 16, 2022Jingyuan Shi and Yuchen Lai discuss how security assessments should be completed under China’s latest rules on cross-border data transfers.
August 3, 2022The fine is seen as a sign that China's regulatory crackdown in the tech sector is winding down. Didi is expected to be able to resume normal operations.
July 22, 2022