Lianhe Zaobao correspondent Chen Jing notes that as China’s economic and business policies shift and change, foreign companies are finding it difficult to decide whether to stay in China or pull out, given the challenges in meeting new regulations and requirements. But there are others who see opportunities.
In an unexpected twist, the warring groups in Myanmar’s civil war have a unified goal: combating cybercrime and ingratiating themselves with China.
With recent reports of a China-based state-sponsored hacking group targeting US critical infrastructure, RSIS academic Eugene Tan examines some common modes of cyberattacks around the world and the latest furore around alleged China-based hacking groups such as Volt Typhoon and Storm-0558.
US giant Micron Technology Inc. is facing a series of setbacks in China. With Chinese companies unlikely to take the risk of purchasing Micron products, who will fill the gap?
In an effort to tighten its grip over domestic data to protect national security, Beijing has implemented the Measures on the Standard Contract for the Cross-Border Transfer of Personal Information, requiring certain personal data processors to sign contracts with overseas recipients before sending data abroad.
With China barring domestic operators of critical information infrastructure from procuring products from US chipmaker Micron as the latest move in the China-US chip war, there are concerns about whether moving too strongly might lead to China hurting itself instead. Zaobao correspondent Chen Jing takes a look at how the chip war might play out.
Crypto ban notwithstanding, China’s getting firmly in the act of building Web3 infrastructure to its specifications. While China is unlikely to allow global Web3 to play a role in its economy or the lives of its citizens, Chinese developers and entrepreneurs remain fascinated by the promise of global Web3 platforms and cryptocurrencies. This portends the development of two blockchain markets in China: one which caters to those who “jump” the virtual fence to join in the global Web3 movement, and one which uses blockchain in line with Beijing’s vision.
China is known for using cyber weapons to pursue geostrategic goals. In recent years, entities linked to the Chinese state have carried out alleged economic espionage of commercial firms in Southeast Asia. The region is increasingly vulnerable as it is home to some of the most rapidly growing knowledge-intensive sectors in the world. To help themselves, Southeast Asian governments should be more proactive in discussing the threat of economic espionage with foreign states and committing to norms of responsible state behaviour in cyberspace.
With the economic and political blowback from its regulatory crackdowns in the past two years, coupled with economic pressures from the pandemic, the Chinese authorities may be ready to ease up on high-pressure regulations of the internet sector.