Yahoo is the latest Western technology business to leave China. from Luss silas's blog

Yahoo Inc. announced its exit from China on Tuesday, citing an increasingly difficult working climate. Many of the company's services were already restricted by China's digital censorship, so the exit was mostly symbolic.


However, recent government initiatives to strengthen its authority over tech businesses in general, including homegrown behemoths, may have swayed the scales in Yahoo's favor.
"Yahoo's suite of services will no longer be available from mainland China as of November 1," the company said in a statement. It stated that it "remains committed to our users' rights and a free and open internet."


The company's decision comes at a time when the US and Chinese governments are at odds over technology and trade. The United States has imposed sanctions on telecom giant Huawei and other Chinese tech firms, alleging that they have ties to China's government, military, or both. China claims that the United States is unfairly limiting competition and attempting to stymie China's technological growth.


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Yahoo is the most recent foreign technology business to leave China. Google gave up several years ago, while Microsoft's professional networking platform LinkedIn announced this month that it would close its Chinese site in favor of a jobs board. The departures highlight the decisions that internet businesses must make in a big potential market when the government mandates them to restrict content and terms deemed politically sensitive or incorrect.


In their place, Chinese enterprises have stepped in to fill the hole, establishing an alternate internet with its own digital behemoths. 


In China, the Baidu search engine has mostly overtaken Yahoo and Google, while WeChat and Weibo are the most popular social media platforms.

Yahoo's exit coincided with the implementation of China's Personal Information Protection Law, which limits the types of information that corporations may collect and establishes criteria for how it must be handled.


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By Luss silas
Added Nov 23 '21

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