China’s internet watchdog says it has not issued a policy requiring vetting of investment deals at Big Tech firms

Source: Tech – South China Morning PostChina’s powerful internet watchdog has denied it has issued guidelines for vetting major investment deals by the country’s largest internet firms, after a screenshot of discussions about such a policy was shared on social media.The Cyberspace Administration of China (CAC) said in a statement on Wednesday that it has never issued a policy requiring internet platforms to seek pre-approval for external investment deals.Multiple sources who spoke on condition of anonymity to the South China Morning…Read More

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