China Eases Regulatory Restraints on Two Tech Platforms
Two Chinese technology companies said they have resumed registering new users, the latest sign Beijing is dialing back a regulatory campaign that had hurt economic activities in the country’s tech sector.
Logistics platform Full Truck Alliance and online recruitment firm Kanzhun said Wednesday that Chinese authorities lifted a ban preventing the companies from registering new users, signaling the end of a year-long cybersecurity probe.
Two Chinese technology companies said they have resumed registering new users, the latest sign Beijing is dialing back a regulatory campaign that had hurt economic activities in the country’s tech sector.
Logistics platform Full Truck Alliance and online recruitment firm Kanzhun said Wednesday that Chinese authorities lifted a ban preventing the companies from registering new users, signaling the end of a year-long cybersecurity probe.
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