How the blockchain is changing money in China

Tech in China : full report

décembre 19, 2021

China's technology sector has been on a rollercoaster ride in the last year. There have been tighter regulations, billions of dollar wiped from companies' market values, and a push by Beijing to achieve technological self-sufficiency. These are some of the key themes that will be discussed at CNBC’s annual East Tech West event, which is held in Guangzhou's Nansha district in southern China. Here are the top concerns and priorities of China's technology sector at this moment. China's crackdown on tech The world-record setting initial public offer of fintech giant Ant Group was stopped in November 2020. Beijing then introduced a number of new rules, starting with antitrust laws for internet platforms . It also created a strengthened data protection law. Antitrust fines have been issued to Meituan, an online food delivery company, and Alibaba's e-commerce giant. China's quantum computing China's quantum computing improvements will benefit its armed forces