China Orders Tech Giants to Boost Data Security Protections

China ordered 12 internet giants including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. to step up data security protections, including the exporting of key information. The companies, including Meituan, Xiaomi Corp., ByteDance Ltd. and Ant Group Co.

Link: https://www.bloomberg.com/news/articles/2021-07-30/china-orders-tech-giants-to-boost-data-security-protections