HKU Chinese Law Professor Angela Zhang on China's Tech Crackdown

The video discusses China's evolving tech regulation landscape, comparing it with Western approaches. It highlights the potential upgrade of China's antitrust bureau, the introduction of a new privacy protection law, and the impact of these regulations on tech companies and investors. The concept of 'golden shares' and state involvement in tech firms is explored, along with the status of the Ant IPO and ongoing regulatory progress.

What is the current stage of China's exploration into regulating big tech companies?

• They have fully implemented all regulations.

• They are at a very early stage.

• They have abandoned the idea of regulation.

• They are at the final stage of regulation.

What significant change is expected for the antitrust Bureau in China?

• It will merge with another agency.

• It will be upgraded to VICE ministerial status.

• It will be downgraded.

• It will be dissolved.

What is the new privacy protection law in China modeled after?

• The EU General Data Protection Regulation (GDPR)

• The Canadian Privacy Act

• The US Data Protection Act

• The Australian Privacy Principles

What is a major implication of the new privacy protection law for tech companies?

• Reduced regulatory oversight

• Decreased operational costs

• Higher compliance burden

• Increased market share

What are 'golden shares' in the context of Chinese tech companies?

• Shares that are only available to foreign investors

• State entities taking a stake in private companies

• Shares that offer no voting rights

• Shares that are traded on a special stock exchange

What is a key regulatory challenge for Ant Group?

• Reducing employee numbers

• Decoupling financial services

• Expanding into new markets

• Increasing product prices

What is the potential impact of the state having a stake in tech companies?

• Greater insight into business operations

• Less insight into business operations

• No change in business operations

• Complete control over business operations