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Is the Chinese internet barrier weakening
The article discusses the retreat of the digital wall surrounding the Chinese internet, as the Chinese government and companies are beginning to open up a more accessible digital environment. For example, the "PayPal" platform has launched a direct payment service for users within China without the need for a local bank account, making purchasing easier and reducing previous complexities that required opening bank accounts and converting yuan. Additionally, Chinese companies are striving to replicate the global success of applications like TikTok and Bilibili, while attempting to adapt to international legal requirements, despite challenges posed by U.S. sanctions faced by Chinese firms such as Huawei and AI platforms. TikTok, in particular, has successfully avoided bans and transitioned its operations into an American brand.
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