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While the United States is reeling from the revelation that political consultancy Cambridge Analytica harvested data from over 87 million Facebook accounts, China’s biggest tech companies and regulators are confronting a wave of of their own customers’ concerns about digital privacy. Boundaries between the public and private sector are dissolving as Chinese tech platforms are ....
Premier Li Keqiang recently launched a new era for banking in China by ceremonially pressing the "confirm" button for a 35,000 yuan loan issued to a Shenzhen truck driver.Li's gesture on January 4 on behalf of Shenzhen Qianhai WeBank was the inaugural transaction for the country's first no-bricks, no-mortar, 24-hour, Internet-only bank.The ceremony underscored a government ....