In the United States, big media critiques on technology companies happen every day. In a country that values freedom of speech, this dissent is encouraged. Under an autocratic, communist regime like the Chinese Communist Party (CCP), public dissent between media and technology giants is rare and indicates something much more significant. On Tuesday (Aug. 3),…
Beijing’s Crackdown on Foreign Money Sends Stern Warning to Investors
The Chinese communist regime’s recent sudden changes in laws and regulations governing businesses across multiple industries remain a topic of discussion and debate
World’s Largest Games Vendor Zaps $60 Billion After China Media Labels It ‘Spiritual Opium’
The stock price of the world’s largest games vendor Tencent went on a roller coaster ride on Tuesday. Its value dropped over ten percent after state-run media labelled its products as “spiritual opium” in an article. “A ‘spiritual opium’ has grown into a several hundred billion worth business,” the state-run Xinhua affiliated Economic Information Daily…
Chinese Tech Giant Tencent Latest Victim of Beijing’s ‘Anti-Monopoly’ Crack Down
Chinese tech giants continue to face scrutiny from Beijing. One of the world’s top ten largest companies, Chinese internet giant Tencent, was recently fined and given 30 days to give up its exclusive rights to music streaming. On July 24, the official website of the Chinese State Administration for Market Regulation reported that Tencent’s July…
Tencent Sued Over ‘Inappropriate’ Content in Honor of Kings Game
HONG KONG—A Chinese public-interest group said on Tuesday it is suing Tencent over what it alleges is inappropriate content for minors in the top global game developer’s flagship video game, Honor of Kings. Beijing Teenagers Law Aid And Research Center said it filed the lawsuit in a Beijing court on Tuesday, to mark the implementation…
Why the CCP Is Cracking Down on Alibaba While Sparing Tencent
Commentary The Chinese regime fined Alibaba $2.8 billion in April under anti-monopoly law, highlighting the regime’s comprehensive review of Chinese internet companies. However, Tencent was only fined $310,000 despite its comparable monopolistic influence in China. For a mega-corporation like Tencent, a fine of this size is equivalent to pennies. The CCP’s biggest grievance with Alibaba is its…
Chinese Regulators On Mission to Rule Over Technology Giants
May 17, 2021
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Commentary Beijing has begun to rein in China’s technology companies, issuing fines and instructing firms to change their corporate structure due to anti-competitive behavior and other transgressions. But a common thread across recent regulatory actions against the technology sector, regardless of the allegations on the surface, is the Chinese Communist Party (CCP)’s desire to control…
Tencent Spared Amid China Tech Monopoly Crackdowns
Commentary The Chinese government fined Alibaba $2.8 billion under the anti-monopoly law, highlighting the Chinese government’s comprehensive review of mainland Internet companies. However, Tencent, another monopolistic Internet company in mainland China, was only fined $311,610, mere pennies for a mega-corporation like Tencent. The CCP’s biggest grievance with Alibaba is that it has grabbed a very big…
Chinese Regime Clamps Down on 13 Tech Giants
On April 29, 13 internet platform providers engaged in finance services were summoned to a meeting in Beijing with regulators, the latest in a series of meetings aimed at tightening control over its homegrown internet giants. WeChat operator Tencent Holdings Ltd. and the on-demand delivery giant Meituan are among those tech firms which offer financial…
Beijing Tightens Control Over Voice Software and Deepfake Technologies on Chinese Social Media Platforms
March 19, 2021
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After the ban of U.S. audio-based social media app Clubhouse last month, the Chinese regime issued an official notice on March 18 to tighten internet control over voice software on Chinese social media platforms, pressuring domestic technology firms to implement surveillance measures. Chinese users have been using the audio-chat of Clubhouse to join real-time global…
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