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Chinese tech enforcement will be patchy but potent

Friday, February 10, 2023

Significance

Some of those deal with content production and dissemination online, and others with monopolistic and anti-competitive conduct by domestic ‘big tech’. A new paradigm of strict regulations is now firmly in place. However, since different regulators with different priorities and techniques are involved, there are questions about enforcement and implementation.

Impacts

  • Beijing will fund innovations such as artificial intelligence, but will ensure they serve its political interest.
  • Businesses dependent on data exports by Chinese firms may face operational delays due to bureaucratic bottlenecks.
  • Further hefty fines and sanctions against specific corporate executives cannot be ruled out.

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