The Insider guide to China's tech crackdown, from algorithms to crypto mining
major regulatory actions in the country over the past 12 months, tackling a variety of industries from food delivery to online rental platforms.
Here's what you need to know about the new rules and what they mean for the future of China's enormous and influential tech industry.Although Beijing announced the regulations in quick succession, experts say they're not necessarily guided by a singular vision for the economy. Instead, the flurry of new rules address a number of government priorities at the same time, from curbing monopolistic behavior to squashing dissent.
"You can't really easily say this is 30% control and 70% public policy or the other way around because they're just so inextricably linked," said Martin Chorzempa, a senior fellow at the Peterson Institute for International Economics. As a result, you need to look at the regulations through multiple lenses, said Samm Sacks, a senior fellow at Yale Law School's Paul Tsai China Center and a cyber policy fellow at New America, a think tank focused on public-policy issues."There's not one crackdown, although theoretically you can put them under a broader umbrella of things, like party control over the private sector," she said.in September, are likely genuine efforts to create stronger protections for consumers.
But certain provisions, Sacks said, could provide a basis for the government to pressure companies into handing over user data. In the past, firms have pushed back against data requests by questioning their legality, but now authorities may point to the new laws and cite national security or other justifications, she said.Aside from the privacy law, the most noteworthy of the regulations concern data security and algorithms.
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