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By Cate Cadell BEIJING, July 20 (Reuters) - China s sweeping regulatory action against internet giants such as ride-hailing firm Didi Global Inc, which has sent chills through the industry, is part of a broader national project to create a domestic marketplace for the country s vast troves of big data. The plan, fermenting for years but rapidly gaining momentum, is designed to help support China s economy in the coming decades and includes pilot projects for state-supervised data trading markets, policy documents show. It also threatens to further isolate China s internet industry globally, and ratchet up tensions with Washington. Data is becoming a critical battleground between China and the United States, compelled by fears on both sides that unchecked collection by private firms could allow state actors to weaponise information on infrastructure and other national interests. ....
China criticises removal of more Chinese stocks from U.S. index reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
22 Dec 2020 / 17:49 H. (Adds China foreign ministry comment in paragraph 8) By Karen Freifeld Dec 21 (Reuters) - The Trump administration on Monday published a list of Chinese and Russian companies with alleged military ties that restrict them from buying a wide range of U.S. goods and technology. Reuters first reported last month that the U.S. Department of Commerce drafted a list of companies that it linked to the Chinese or Russian military, news that brought a rebuke from Beijing. The final list does not include Commercial Aircraft Corporation of China (COMAC), or the Hong Kong subsidiaries of Colorado s Arrow Electronics and Texas-based TTI Inc, a Berkshire Hathaway electronics distributor. Those companies were on the draft list seen by Reuters. ....