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China Tech Billionaires Ramp Up Donations as Beijing Cracks Down


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China is cracking down on data privacy. That's terrible news for some of its biggest tech companies


Analysis: China is cracking down on data privacy. That s terrible news for some of its biggest tech companies
CNN
5 hrs ago
Analysis by Laura He, CNN Business
© Wu Hong/EPA-EFE/Shutterstock
A logo of ride-hailing giant Didi Chuxing is seen on Didi Chuxing s building in Beijing, China, on July 3.
China spent months clipping the wings of some of its tech champions over concerns that they were crowding out the competition. Now Beijing is seizing on data privacy as the next step in a sweeping campaign that threatens to cut companies off from global investment.
The country s extraordinary clampdown on Didi has focused on allegations that the ride-hailing company has mishandled sensitive data about its users in China. ....

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