. And Beijing forces technology companies to censor content deemed politically sensitive.
This is an example of data localization — where the data of a country's citizens needs to be stored and processed there. This happens in China too. "Any effort to do that will be perceived by China and other countries like Russia as an attempt to exclude counties from a sort of club of democracies that are trying to sort of set the new rule around data," Triolo said.
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Asia's currencies edge higher as China rebound gathers steamAsia's trade-exposed currencies inched higher on Monday as China's rebound from the COVID-19 pandemic stayed on course last quarter, even as caution about the U.S. election outcome kept the U.S. dollar supported against other majors. China's third-quarter GDP grows 4.9% year-on-year, misses expectations EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS EndSARS
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