By Zheng Na, Zhang Junjun Oracle bone inscription, an ancient form of Chinese writing that was engraved on animal bones and turtle plastron for divination during the late Shang Dynasty (1600-1046 B.C.), is the source of Chinese characters and the root of the fine traditional Chinese culture. It was included…
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Posted by John Chan | Dec 16, 2020
A series of enforcement measures and proposed laws have drawn heightened attention to Beijing’s plans to rein in and remake the environment for big tech in China. Taken together, they reveal an unprecedented willingness by the Chinese government to take on tech giants that have previously gone largely unchecked, forcing them to toe the Party line and also to protect consumer interests and privacy to a degree previously unseen.
Since the summer, regulators have signaled growing concern about monopolistic practices in China’s technology sector. In November, the announcement by China’s market regulator of new measures to curb tech monopolies brought its priorities fully into view. This week it took action, fining three companies for improper reporting of acquisitions for regulatory approval. SupChina’s Lucas Niewenhuis
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