The Cyberspace Administration of China recently issued new draft guidelines that entail a host of restrictions on the collection and processing of data and its transfer across borders.
For Angela Huyue Zhang's latest contributions to The Japan Times, see below:
The new privacy law will probably do less to protect Chinese users than many believe, and it might even entrench further the dominance of incumbent tech giants.
Once the powerful central bank publicly turned against Ant, bureaucrats who had endorsed the group fell silent and other departments began to jump on the bandwagon.
Given the Chinese government’s huge regulatory power, investors are rightly anxious about Alibaba’s prospects.