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Hong Kong: Yahoo Inc said on Tuesday that it has withdrawn its business from China. He has cited growing business and legal challenges in China for his move. The Chinese authorities are strictly implementing internet censorship in the country, due to which companies are facing problems.
Companies operating in China are expected to block politically sensitive and inappropriate content and words. “In view of the growing business and legal challenges in China, all Yahoo services will no longer be available in China from November 1,” the company said in a statement. .’
China recently enacted the Personal Information Protection Law, which sets out what information companies can collect and how they can be stored. China’s laws also provide that companies operating in the country must provide data on demand to authorities, which makes it difficult for Western companies to operate there because they are under pressure in their country to meet China’s demands. will have to face.
