China’s data ‘disappearance’ makes information access rough going for outsiders – FRANCE 24 English
What common cause links the following seemingly disparate news stories? Beijing’s decision on December 27 to limit foreign investment in Chinese tech start-ups; Chinese boats regularly disappearing from international radar systems in recent months; and the delisting of Didi, China’s answer to Uber, off the New York Stock Exchange (NYSE) in early December.
The answer lies in the Chinese Communist Party’s obsession with controlling access to what it deems sensitive economic data. Of course, the Chinese economy has long been somewhat enigmatic to foreign observers – but now it has become even more opaque.
Delisting Didi – a major source of geolocation data – from the New York Stock Exchange just six months after its NYSE debut demonstrated, in particular, Beijing’s “fear that China’s American adversary could get its hands on sensitive data and thereby harm China’s national interests, especially when it comes to national security”, said Rebecca Arcesati, an analyst at the Mercator…
Read Full Story: https://www.france24.com/en/asia-pacific/20211231-china-s-data-disappearance-makes-information-access-rough-going-for-outsiders
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source: https://news.oneseocompany.com/2021/12/31/chinas-data-disappearance-makes-information-access-rough-going-for-outsiders-france-24-english_2021123111696.html
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