Copycats of Yesterday, Innovators of Tomorrow

In the past, Chinese companies have copied ideas or business models, but in many industries this is still often the case. In the digital economy, too, China’s enormous development began by copying models of large established players. WeChat was formerly China’s WhatsApp; Weibo was China’s Facebook, Baidu – China’s Google and Alibaba – China’s eBay.… Continue reading Copycats of Yesterday, Innovators of Tomorrow

China’s Top Social Networks Face Investigation under the Cybersecurity Law

Most international companies have adopted a mere wait-and-see approach regarding the compliance with China’s new Cybersecurity Law. Now, the recent investigation against the country’s top social media providers definitely sets off alarm bells – it is time to take compliance with China’s Cybersecurity Law seriously. In early August, the Cyberspace Administration of China (CAC) has… Continue reading China’s Top Social Networks Face Investigation under the Cybersecurity Law