Securities Regulator Says China Should Consider Digital Data Tax

According to recent reports, Yao Qian, Chief of the Science and Technology Supervision Bureau at the China Securities Regulatory Commission, stated during a forum held in Beijing on 16 December that China should consider the introduction of a digital data tax. According to Yao Qian, the large amount of user data held by digital platforms is akin to holding natural resources and the government should study whether digital taxes should be levied on such platforms in the way that taxes are levie…