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I do not believe it, as it will decimate all their IT industry. The communist party is embedded and makes money from the industry. They do not want to see it b
by shp0ngle 7y ago
I do not believe it, as it will decimate all their IT industry.
The communist party is embedded and makes money from the industry. They do not want to see it blow up.
Alibaba, Tencent, Baidu, JD, all would just die.
- random42 7y agoChina/CCP doesn't care.
- mytailorisrich 7y agoThere does not seem to be any ban on companies VPNs. They don't need to and that would weaken protection against external attacks. I think the aim, if I understand it as it is not very clear overall, is rather than government agencies may access the company's infrastructure (VPNs are irrelevant).
- shusson 7y ago> rather than government agencies may access the company's infrastructure I think the law is closer to "government agencies may access any of the company's information".
- mytailorisrich 7y agoMy understanding is that the law is that government agencies may access companies' infrastructure to conduct security and compliance audits. The worry is that this may be used to access companies' data.
- lallysingh 7y agoLook, their debt bubble is ready to pop as-is. The collapse was already inevitable. With the economy slowing down and the trade war, it's going to come fast. This is how they contain the damage. Plus the party controls the (enormous) population even more closely during the rapid contraction.
- shadofx 7y agoBest-case scenario if you want to consolidate power: Dirty westerners blew up our IT industry to maintain dominance!