Logo 06 Jul 2021

Silly Didi, IPOs are for kids with excellent network security compliance

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The reasoning behind China's most recent regulatory smackdown on big tech is slowly taking shape.
ICYMI: Since Friday, the Cyberspace Administration of China (CAC) has launched cybersecurity investigations into four major apps, including Didi Chuxing, China's Uber-equivalent.

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More recent developments

Logo November 29, 2024
Beijing wants to boost digital trade

On Thursday, the Party Central Committee and State Council dropped a high-level plan to boost digital trade.  Some context: Digital trade refers to cross-border transactions of digital services, such as software, games, and streaming, of which China lags behind Western… Read More »

Logo November 25, 2024
Beijing signals support for big tech

Policy support for the platform economy is in the pipeline. Per the readout of Friday's State Council executive meeting: “Developing the platform economy…plays a vital role in…fostering New Quality Productive Forces (NQPF).”  Why this comment matters: This is the first… Read More »

Logo November 23, 2024
NDA releases draft framework for national data infrastructure buildout

China is centralizing its data economy. On Friday, the National Data Administration (NDA) released a draft of a landmark plan for advancing China’s national data infrastructure. This is the first plan of its kind. It outlines how the state will… Read More »