Daily Market Updates: Communist Party pledges to reach deeper into China’s tech, digital platform sectors

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Communist Party pledges to reach deeper into China’s tech, digital platform sectors

Reported · Written up by our desk · North America

China’s ruling Communist Party will step up “party building” across the country’s tech sector and deploy digital tools to fight corruption, according to a landmark document adopted at a key political plenum. These tools include a digital discipline inspection platform and a big-data supervision platform. The party will also crack down on corruption involving the internet, virtual currency, cross-border funds and blockchain technology, according to the document formally approved on Thursday at...

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SCMP EconomyCommunist Party pledges to reach deeper into China’s tech, digital platform sectors

Global Markets

Communist Party pledges to reach deeper into China’s tech, digital platform sectors

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