Communications of the ACM
The Crackdown in China Is a Hot Mess, and It's Coming for Us
It's clear that the Xi government is cracking down on Chinese companies that are listing their shares in U.S. venues. If you were the government, were worried about the growing power of tech and had no democratic rules to adhere to, the move makes sense,
The recent moves by the Chinese government against Didi, ByteDance, and other tech companies represent a terrifying government action.
What does this sort of aggression mean for the U.S.?
There are not a lot of great options for the U.S., except to restrict doing business with Chinese companies, keep U.S. data off Chinese servers, and other retaliatory measures. But that could lead to escalations that would affect the very robust global supply chain in hardware, which relies on China.
From The New York Times
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