China moves to further tighten control of technology sector with new rules \
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China moves to further tighten control of technology sector with new rules

17-Aug-2021
SHANGHAI Reuters -China moved on Tuesday to tighten control of its technology sector publishing detailed rules aimed at tackling unfair competition and companies handling of critical dataOn Tuesday the State Administration for Market Regulation SAMR issued a set of draft regulations banning unfair competition and restricting the use of user dataShares in Hong Kong-listed internet stocks slid after the rules were publishedSoon after the draft tech rules were published Chinas cabinet announced it would also implement regulations on protecting critical information infrastructure operators from Sept 1Reporting by Josh Horwitz and Brenda Goh in Shanghai Yingzhi Yang in Beijing Editing by Lincoln Feast and Jason NeelyRelated article
17-Aug-2021 Technology
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