FOLLOW US

Wed

June 24, 2026

Business January 11, 2021 3 mins read

China’s big tech regulation, part of its strategy to becoming a ‘technological superpower’

Business ı By Dee Dulfo

0 Comments

China aiming to becoming a tecgnological superpower

The recent regulatory actions of China against the country's big technology companies are part of its broader strategy and goal to becoming a technological superpower, according to a tech policy expert.

Kendra Schaefer, head of tech policy research at Trivium China, told CNBC that the recent moves are part of China’s broader goal of 

“Underneath all of this stuff, I think China understands that if it’s going to become a technological superpower... then it has to lay a solid regulatory foundation,” Schaefer said.

Additionally, Schaefer said China has to “lay that foundation in the way that it regulates company operations, but it also has to lay that foundation in terms of data. In fact, data might be the most important regulations that it has got to lay down.”

In November, China’s central bank and regulators released draft protocols on microlending. The new rules included provisions such as capital requirements for technology firms offering loans.

Furthermore, China’s State Administration for Market Regulation (SAMR) also released draft orders seeking to block monopolistic practices by internet gameplayers. This is one of the largest bid by the Chinese government to regulate big tech firms.

China also launched an investigation into Alibaba. SAMR started investigating the company’s practice of forcing sellers to sign exclusivity contracts.

Market observers perceived the move as a crackdown on Jack Ma’s ever-growing tech empire.

The People’s Bank of China and three financial watchdogs have conducted a high-level meeting with Ant Group, which owns China’s largest digital payment platform Alipay. Ant Group is a finance affiliate of Alibaba. The regulators also suspended Ant Group's proposed IPO

They asked the company to implement tighter financial regulations in its banking services. 

Schaefer said all of these things are “foundational and it’s really just kind of setting a framework, a springboard from which China can develop and move forward faster.”

China’s tactics are quite similar to the actions taken by the United States in recent months.

In December, Facebook was hit with two separate antitrust lawsuits filed by the U.S. Federal Trade Commission and a coalition of the attorneys general of 46 states, the District of Columbia, and Guam.

Meanwhile, in October, the Department of Justice (DOJ) and 11 states filed an antitrust lawsuit against Google alleging that the company is utilizing monopoly power in the web search market to lock out competitors.

Have a story you want USA Herald to cover? Submit a tip here and if we think it’s newsworthy, we’ll follow up on it.

12

Previous Article

Here are the world’s most powerful passports for 2021

Read More
180 Posts

Dee Dulfo

Dee is a journalist and a news anchor. He enjoys traveling the world with just a backpack.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
High Profile Court Cases June 23, 2026
€100,000 Reward Offered in Hunt for Barcelona Watch Thief
By – Tyler Brooks
High Profile Court Cases June 23, 2026
The Sleight-of-Hand City
By – Tyler Brooks
America June 23, 2026
Was Marilyn Monroe Murdered?
By – Jackie Allen
Arizona January 11, 2025
Kelly Warner Law Firm Blames USA…

In what appears as a desperate attempt to defend multiple…

By – USA Herald
Arizona January 4, 2025
Aaron Kelly Law Firm Resorts To…

Attorney Aaron Kelly and his law partner Daniel Warner are…

By – Jeff Watterson
Arizona December 12, 2024
Arizona Bar Opens Investigation on Attorney…

USA Herald recently reported on a developing story involving Attorneys…

By – Paul O'Neal
Entertainment June 23, 2026
Kourtney Kardashian Celebrates Travis Barker on…

Kourtney Kardashian had plenty of love to share this Father’s…

By – Tyler Brooks
Entertainment June 23, 2026
Jay-Z and Roc Nation Win Major…

The legal war between rap mogul Jay-Z and Houston-based attorney…

By – Tyler Brooks
High Profile Court Cases June 23, 2026
The Etan Patz Case Is Finally…

The Etan Patz Case Is Finally Over: Supreme Court Upholds…

By – Tyler Brooks
America June 23, 2026
Tesla Self-Driving Car Crashes Into Texas…

Federal safety regulators in the United States have launched a…

By – Tyler Brooks
Science & Technology June 23, 2026
When AI Makes Life-Altering Decisions for…

When Arkansas automated its disability assessment system in 2016, it…

By – Tyler Brooks
Science & Technology June 23, 2026
Why Anthropic’s AI Got Banned and…

Why Anthropic’s AI Got Banned and What It Reveals About…

By – Tyler Brooks
America June 23, 2026
NASA Astronaut Heading to Space Station…

For decades, the question of whether life exists beyond Earth…

By – Tyler Brooks
America June 22, 2026
Chevron Locks in 20-Year Deal to…

In a landmark partnership that underscores the growing energy demands…

By – Rihem Akkouche
America June 22, 2026
World Cup History Made as Lionel…

World Cup history was made Monday afternoon in Arlington, Texas,…

By – Jackie Allen
America June 22, 2026
Lucid Motors Slashes 18% of U.S.…

Lucid Group, the luxury electric vehicle maker once seen as…

By – Rihem Akkouche
America June 22, 2026
Federal Judge Slams Trump DOJ for…

A federal judge has delivered a blistering rebuke to the…

By – Rihem Akkouche
America June 22, 2026
Federal Judge Blocks Trump Administration’s Massive…

A federal judge has delivered a major blow to the…

By – Rihem Akkouche
America June 22, 2026
Final Wish: Oliver Tree’s Family Honors…

Final Wish is how the family of singer Oliver Tree…

By – Jackie Allen
America June 21, 2026
Reflecting Pool Incident Leads to Arrest…

The Reflecting Pool at the Lincoln Memorial has become the…

By – Jackie Allen
America June 21, 2026
Nuclear Talks Begin in Switzerland as…

Nuclear Talks between the United States and Iran officially began…

By – Jackie Allen
America June 20, 2026
Pizza Hut to Be Sold in…

Pizza Hut is entering a new chapter after parent company…

By – Jackie Allen
America June 19, 2026
Jane Street Emerges from the Shadows…

Jane Street is one of the most secretive and profitable…

By – Jackie Allen
America June 19, 2026
Peace Agreement Between US and Iran…

A proposed Peace Agreement framework between the United States and…

By – Jackie Allen
America June 19, 2026
Peace Agreement Between US and Iran…

A proposed Peace Agreement framework between the United States and…

By – Jackie Allen
America June 18, 2026
Internet’s First Serial Killer Used Early…

The story of Serial Killer John Edward Robinson remains one…

By – Jackie Allen
America June 18, 2026
The 9-Second Disaster: The Edge of…

The tech industry is learning that AI autonomy can be…

By – Jackie Allen
America June 17, 2026
Southern Poverty Law Center Indictments Linked…

The Southern Poverty Law Center (SPLC), one of the nation’s…

By – Jackie Allen
America June 16, 2026
Anna Kepner Killing: Federal Judge Orders…

The legal proceedings surrounding the cruise ship murder of Anna…

By – Jackie Allen
America June 16, 2026
Russia Shadow Fleet Captain Faces UK…

The captain of a Russian Shadow Fleet tanker intercepted by…

By – Jackie Allen
Entertainment June 22, 2026
GTA 6 Music File Discovered in…

With GTA 6 pre-orders officially opening on Thursday, June 25,…

By – Tyler Brooks
Business June 22, 2026
Toy Story 5 Shatters Box Office…

When the lights dimmed and the familiar Pixar lamp bounced…

By – Tyler Brooks
Entertainment June 22, 2026
BTS Comeback Tour Ticket Chaos: Fans…

The long awaited return of global K-pop sensation BTS has…

By – Tyler Brooks
America June 20, 2026
Ubisoft Co-Founder Claude Guillemot Dies at…

Claude Guillemot, the co-founder of one of the world’s largest…

By – Rihem Akkouche
America June 19, 2026
Anne Hathaway, 43, Stuns Fans with…

In a beautiful and unexpected moment that has sent the…

By – Rihem Akkouche
America June 19, 2026
Hollywood Icon’s Daughter and Husband Found…

In a heartbreaking and mysterious tragedy, Judith Sheldon — daughter…

By – Rihem Akkouche
Health June 23, 2026
Your Blood Pressure Reading May Be…

Millions of people living with high blood pressure believe that…

By – Tyler Brooks
America June 6, 2026
Nichelle Nichols’ Final Mission Ends in…

By Samuel López | USA Herald The woman who helped…

By – Samuel Lopez
America June 5, 2026
Cannabis Giants Hit with Sweeping Class…

A major class action filed May 4, 2026, accuses five…

By – Samuel Lopez
Health June 1, 2026
New Pill Doubles Survival for Pancreatic…

Pancreatic cancer pill doubles life to 13 months By Tyler…

By – Tyler Brooks
California News May 31, 2026
FDA warns public as cookie firm…

FDA warns public as cookie firm rejects urgent recall request…

By – Tyler Brooks
Health May 31, 2026
Trump orders CDC to slash childhood…

Trump orders CDC to slash childhood vaccines from 17 to…

By – Tyler Brooks
America June 22, 2026
Lionel Messi, at 39, Shatters All-Time…

Lionel Messi has done it again. The Argentine superstar etched…

By – Rihem Akkouche
Pennsylvania June 22, 2026
Will a Massive Storm Derail the…

The 2026 FIFA World Cup is already delivering unforgettable moments…

By – Tyler Brooks
Sports June 18, 2026
Extraterrestrial Kickoff? Viral Psychic Warns of…

Football fans around the globe are currently deep in the…

By – Tyler Brooks
Business June 16, 2026
Dana White Declares The Historic UFC…

WASHINGTON D.C. — It was 3:00 a.m. on Monday, and…

By – Tyler Brooks
Sports June 15, 2026
Pulisic Is Not Training. What Happens…

Mauricio Pochettino pulled Christian Pulisic at halftime of the USMNT’s…

By – Nicolas Carreno
America June 14, 2026
New York Chaos Erupts After Knicks…

New York Chaos unfolded across the city after the New…

By – Jackie Allen

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter