UP

China is tightening its grip on technology giants

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
China is tightening its grip on technology giants

The Chinese government is developing new control measures for its giant technology companies.

Axar.az reports this information was spread by the Wall Street Journal.

According to the report, these companies will be forced to turn off payment systems in their applications.

It was noted that the restrictions will apply to a total of 13 companies, including Vichat and Tencent. The main reason for this decision was that these companies provide loans through their payment systems without a banking license. Chinese officials have described it as a threat to the country's national security.

Date
2021.05.01 / 10:58
Author
Tural Azimzadeh
See also

Trump says Netanyahu, Hezbollah agree to end hostilities

Trump says Iran has not notified U.S. of ending talks

Iran claims control over Strait of Hormuz

Fidan holds call with Araghchi on regional developments

Medvedev accuses Pashinyan of EU–EAEU balancing

Cargo ship hit by projectile in Persian Gulf

Lithuanian chargé d’affaires summoned to Russian FM

CENTCOM says US intercepts Iranian missiles in Kuwait

UK blocks entry of US commentators Uygur and Piker

Starmer sends message to Baku Energy Week

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla