Ride hailing giant Didi's exile into the wilderness appears to be ending, and the Chinese government's harsh wave of regulatory crackdowns has taken sharper focus, as the investigation has concluded and a fine of $1.2 billion has been announced.
One of China's biggest tech companies has been told to pause any rollout of new apps. Tencent is now subject to added scrutiny from the government after multiple instances of running afoul of the country's new data laws.
China's new data laws formalizes a legal architecture for Chinese government control over domestic data; a basis for the CCP to claim – and claim oversight over – information, including that of private companies.
