Heard on the Street: As anti-Chinese sentiment rises, Chinese internet companies will find it even harder to expand abroad
China is at the receiving end of something it’s more used to handing out: a ban on popular software. The latest Indian salvo may not wreak much immediate financial havoc, but deals a blow to the overseas ambitions of Chinese internet companies.
India banned 59 Chinese mobile apps on Monday, including TikTok and WeChat, after a border clash that killed 20 Indian soldiers this month. These apps together have been downloaded a total of 4.9 billion times in India since 2014, according to data firm Sensor Tower.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China says concerned about India banning Chinese appsChina said on Tuesday it was concerned about India's decision to ban Chinese mobile apps such as Bytedance's TikTok and Tencent's WeChat and was making checks to verify the situation. [nL4N2E63K0]
Read more »
India’s war on China apps will have network effectTikTok and others from Tencent to Alibaba are among those banned on security concerns. It narrows a growth market for Chinese tech and may embolden other governments to close doors. But Beijing has plenty of ways to retaliate, including in pharmaceutical supply chains and more.
Read more »
Breakingviews - India’s war on China apps will have network effect(Reuters Breakingviews) - India is extending a fight with China from the Himalayan mountains into cyberspace. ByteDance’s hugely popular video-streaming app TikTok is among 59, mostly Chinese, ones banned by New Delhi on national security concerns. It significantly narrows a top growth market for Chinese technology firms and may embolden other governments to shut them out. But the network effects could be messy all around.
Read more »
China Strikes Back at U.S. Move to Restrict Visas for Party Officials Over Hong KongThe Chinese government plans to restrict visas for Americans who it deems go too far on matters related to Hong Kong, increasing tensions between the U.S. and China over the territory’s limited autonomy from Beijing.
Read more »
China forces birth control on Uighurs to suppress populationUighur parents in China's Xinjiang region face years, even decades in prison for having too many children. It's part of a state-orchestrated campaign to curb Muslim populations - with the aim of ultimately assimilating them.
Read more »
China forces birth control on Uighurs to suppress populationA Chinese state campaign to force IUDs, sterilizations, and abortions on minority women in Xinjiang has pushed birth rates down over 60% in heavily Muslim Uighur regions. Some experts call it a form of “demographic genocide.
Read more »