Forwarded from 📡Guardians of Hong Kong
#CCPGrip #Yahoo
Second US tech firm withdraws from China in less than a month as Beijing tightens grip
Yahoo has announced its withdrawal from the Chinese market in the latest retreat by foreign technology firms responding to Beijing’s tightening control over the industry.
“In recognition of the increasingly challenging business and legal environment in China, Yahoo’s suite of services will no longer be accessible from mainland China as of November 1,” the company said on 2 November 2021.
The timing of the pullout coincided with the implementation of China’s new data protection law, which came into effect on 1 November 2021.
Yahoo’s withdrawal came less than a month after another US tech company, Microsoft’s professional networking platform #LinkedIn, announced it was shutting down operations in China. In public, the company blamed a “significantly more challenging operating environment” as well as “greater compliance requirements in China”.
Source: Stand News, Guardian; #Nov2
https://thestandnews.page.link/q4JuEyEF8tZ3ymqUA
Second US tech firm withdraws from China in less than a month as Beijing tightens grip
Yahoo has announced its withdrawal from the Chinese market in the latest retreat by foreign technology firms responding to Beijing’s tightening control over the industry.
“In recognition of the increasingly challenging business and legal environment in China, Yahoo’s suite of services will no longer be accessible from mainland China as of November 1,” the company said on 2 November 2021.
The timing of the pullout coincided with the implementation of China’s new data protection law, which came into effect on 1 November 2021.
Yahoo’s withdrawal came less than a month after another US tech company, Microsoft’s professional networking platform #LinkedIn, announced it was shutting down operations in China. In public, the company blamed a “significantly more challenging operating environment” as well as “greater compliance requirements in China”.
Source: Stand News, Guardian; #Nov2
https://thestandnews.page.link/q4JuEyEF8tZ3ymqUA
Forwarded from 📡Guardians of Hong Kong
#CCPGrip #Yahoo
Second US tech firm withdraws from China in less than a month as Beijing tightens grip
Yahoo has announced its withdrawal from the Chinese market in the latest retreat by foreign technology firms responding to Beijing’s tightening control over the industry.
“In recognition of the increasingly challenging business and legal environment in China, Yahoo’s suite of services will no longer be accessible from mainland China as of November 1,” the company said on 2 November 2021.
The timing of the pullout coincided with the implementation of China’s new data protection law, which came into effect on 1 November 2021.
Yahoo’s withdrawal came less than a month after another US tech company, Microsoft’s professional networking platform #LinkedIn, announced it was shutting down operations in China. In public, the company blamed a “significantly more challenging operating environment” as well as “greater compliance requirements in China”.
Source: Stand News, Guardian; #Nov2
https://thestandnews.page.link/q4JuEyEF8tZ3ymqUA
Second US tech firm withdraws from China in less than a month as Beijing tightens grip
Yahoo has announced its withdrawal from the Chinese market in the latest retreat by foreign technology firms responding to Beijing’s tightening control over the industry.
“In recognition of the increasingly challenging business and legal environment in China, Yahoo’s suite of services will no longer be accessible from mainland China as of November 1,” the company said on 2 November 2021.
The timing of the pullout coincided with the implementation of China’s new data protection law, which came into effect on 1 November 2021.
Yahoo’s withdrawal came less than a month after another US tech company, Microsoft’s professional networking platform #LinkedIn, announced it was shutting down operations in China. In public, the company blamed a “significantly more challenging operating environment” as well as “greater compliance requirements in China”.
Source: Stand News, Guardian; #Nov2
https://thestandnews.page.link/q4JuEyEF8tZ3ymqUA
Forwarded from 📡Guardians of Hong Kong
#PreferentialTradeTreatment
32 countries cancelled China’s preferential trade treatment
China will no longer be eligible for Gereralised System of Preferences (#GSP) trade benefits from 27 EU nations, the United Kingdom, Canada, Turkey, Ukraine, and Liechtenstein as of December 1, leaving the country with only three options: Norway, New Zealand, and Australia.
On October 28, the General Administration of Customs of the Communist Party of China (#GACC) issued the “Announcement on No longer issuing GSP certificates of origin for goods exported to EU member states, the United Kingdom, Canada, Turkey, Ukraine, Liechtenstein and other countries.”
Although the GACC louds the action as "an acknowledgement by other advanced economies, economists have predicted that labor-intensive enterprises will face the brunt of the change.
#China #EU #TradeWar
Sources: Taiwan News, Epoch Times; #Nov2
https://www.taiwannews.com.tw/en/news/4333651
32 countries cancelled China’s preferential trade treatment
China will no longer be eligible for Gereralised System of Preferences (#GSP) trade benefits from 27 EU nations, the United Kingdom, Canada, Turkey, Ukraine, and Liechtenstein as of December 1, leaving the country with only three options: Norway, New Zealand, and Australia.
On October 28, the General Administration of Customs of the Communist Party of China (#GACC) issued the “Announcement on No longer issuing GSP certificates of origin for goods exported to EU member states, the United Kingdom, Canada, Turkey, Ukraine, Liechtenstein and other countries.”
Although the GACC louds the action as "an acknowledgement by other advanced economies, economists have predicted that labor-intensive enterprises will face the brunt of the change.
#China #EU #TradeWar
Sources: Taiwan News, Epoch Times; #Nov2
https://www.taiwannews.com.tw/en/news/4333651
Forwarded from 📡Guardians of Hong Kong
#Netflix removes episodes showing China's arbitrary nine-dash line after #Philippines' Complaints
The Philippine government has ordered Netflix to remove parts of the Australian drama series "#PineGap" on its platform for "violating Philippine #sovereignty".
The series features a map of the #NineDashLine, an invisible demarcation controversially used by China to claim its territories in the #SouthChinaSea.
The second and third episodes of the series were no longer available in the Philippines by November 1, 2021. Netflix announced that those episodes had been "removed by government's demand". It did not elaborate further.
China lays claim to most of the South China Sea waters within the so-called nine-dash line, a U-shaped feature used on Chinese maps. Parts of the resource-rich waters are also contested by the Philippines, Brunei, Malaysia, Taiwan and Vietnam.
The Permanent Court of Arbitration handed down a ruling on July 12, 2016, stating that China's historic-rights claim over the maritime areas inside the nine-dash line has no lawful effect. There has also no evidence supporting China's exclusive rights over the waters and resources.
Source: Stand News; #Nov2
https://www.thestandnews.com/international/%E6%BE%B3%E5%8A%87-pine-gap-%E7%8F%BE%E4%B8%AD%E5%9C%8B%E7%89%88%E5%8D%97%E6%B5%B7%E5%9C%B0%E5%9C%96-%E8%8F%B2%E8%B6%8A%E6%8A%97%E8%AD%B0-netflix-%E6%92%A4%E7%89%87?
#NineDash
The Philippine government has ordered Netflix to remove parts of the Australian drama series "#PineGap" on its platform for "violating Philippine #sovereignty".
The series features a map of the #NineDashLine, an invisible demarcation controversially used by China to claim its territories in the #SouthChinaSea.
The second and third episodes of the series were no longer available in the Philippines by November 1, 2021. Netflix announced that those episodes had been "removed by government's demand". It did not elaborate further.
China lays claim to most of the South China Sea waters within the so-called nine-dash line, a U-shaped feature used on Chinese maps. Parts of the resource-rich waters are also contested by the Philippines, Brunei, Malaysia, Taiwan and Vietnam.
The Permanent Court of Arbitration handed down a ruling on July 12, 2016, stating that China's historic-rights claim over the maritime areas inside the nine-dash line has no lawful effect. There has also no evidence supporting China's exclusive rights over the waters and resources.
Source: Stand News; #Nov2
https://www.thestandnews.com/international/%E6%BE%B3%E5%8A%87-pine-gap-%E7%8F%BE%E4%B8%AD%E5%9C%8B%E7%89%88%E5%8D%97%E6%B5%B7%E5%9C%B0%E5%9C%96-%E8%8F%B2%E8%B6%8A%E6%8A%97%E8%AD%B0-netflix-%E6%92%A4%E7%89%87?
#NineDash