Tencent was among a dozen Chinese giants summoned by the Ministry of Industry and Information Technology’s cybersecurity bureau last week on how to comply with the country’s new data security law. Photo: AP Photo Tencent was among a dozen Chinese giants summoned by the Ministry of Industry and Information Technology’s cybersecurity bureau last week on how to comply with the country’s new data security law. Photo: AP Photo
Tencent was among a dozen Chinese giants summoned by the Ministry of Industry and Information Technology’s cybersecurity bureau last week on how to comply with the country’s new data security law. Photo: AP Photo

Antitrust crackdown on China’s tech sector could lead to greater competition, S&P says

  • Inquiries could open the door for greater investment spending, organic growth among Chinese internet companies, credit rating agency says
  • Beijing is likely seeking to balance security and social stability with growth and innovation

Topic |   Banking & finance
Tencent was among a dozen Chinese giants summoned by the Ministry of Industry and Information Technology’s cybersecurity bureau last week on how to comply with the country’s new data security law. Photo: AP Photo Tencent was among a dozen Chinese giants summoned by the Ministry of Industry and Information Technology’s cybersecurity bureau last week on how to comply with the country’s new data security law. Photo: AP Photo
Tencent was among a dozen Chinese giants summoned by the Ministry of Industry and Information Technology’s cybersecurity bureau last week on how to comply with the country’s new data security law. Photo: AP Photo
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