The headquarters of DiDi in Beijing Photo:VCG
China’s cyberspace regulator on Monday put three more internet platforms under scrutiny, three days after it announced a review of cybersecurity into the country’s top ride-hailing platform Didi Chuxing, indicating the country’s resolve to clamp down on data breaches and misuse as part of a broader move to protect the digital economy from unchecked expansion of capital.
The latest efforts, intended to handle national data security risks, add to a flurry of moves since late last year to ensure the healthy growth of China’s sprawling platform economy that’s increasingly regarded as a trendsetter for the global internet sector, industry observers said.
To flesh out the legal framework for various aspects of the digital economy, especially the rise of data sovereignty, as the country moves to align itself with international practices in reining in Big Tech, they called for a rethink of overseas listings by especially bigger internet platform operators whose commercial successes are contingent upon data monetization.
China’s cybersecurity review office said Monday it was conducting reviews in accordance with relevant laws into job…
