Trivium China Kendra Schaefer on China's Tech Crackdown

The video discusses China's regulatory crackdowns on tech companies, focusing on three main areas: fintech, antitrust, and data security. It explains the roles of different regulatory bodies like PBOC, SAMR, and CAC. The uncertainty faced by tech companies due to rapid regulatory changes is highlighted, along with the potential impact on their overseas listings. The video also covers the CAC's involvement in implementing new data security laws.

What are the three main regulatory tracks discussed in the first section?

• Fintech, Antitrust, and Data Security

• Tourism, Hospitality, and Real Estate

• Healthcare, Education, and Transportation

• Manufacturing, Agriculture, and Retail

Which regulatory body is responsible for overseeing data and network security in China?

• NDRC

• CAC

• PBOC

• SAMR

What challenge do tech companies face due to the rapid emergence of new regulations?

• Increased competition

• Decreased innovation

• Lack of solid footing

• Higher taxes

How might tech companies respond to regulatory uncertainty in the short term?

• Increase investment in the US

• Discontinue international operations

• Choose listing destinations with clearer regulations

• Focus on domestic markets only

What is China's long-term strategic goal for its tech companies?

• To reduce international presence

• To foster internationally competitive tech champions

• To focus solely on domestic growth

• To diversify into non-tech industries

Which law is expected to be implemented within the next 12 to 18 months?

• Cyber Security Law

• Antitrust Law

• Data Security Law

• Personal Information Protection Law

What is the expected outcome as new data and network security laws are implemented?

• Decrease in CAC's regulatory power

• Shift of power to international regulators

• No change in CAC's role

• Increase in CAC's regulatory power