China's Hong Kong Crisis

Hong Kong and China have different approaches to the "Great Firewall". What impact will this have on your privacy and on companies wishing to do business in China? China is nowadays facing Hong Kong crisis. According to Francis McInerney, Managing Director of North River Ventures, this is a massive global problem. The Communist Party is the sole governing party within mainland China. In the centre of everything is ruling party that created the Great Firewall of China, in order to block access to selected foreign websites and to slow down cross-border internet traffic. However, Hong Kong is not under complete and absolute party control. Hongkong is outside of the Great Firewall which creates a massive collision, according to Francis McInerney. Problem becomes global. According to JackMa, co-founder and former executive chair of Alibaba Group, People’s Republic of China needs complete internet freedom. In his own words, there are two possible scenarios. Learn more about these in the podcast.