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小红书
XHS.NA
Lifestyle platform for young people
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Taiwan bans popular Chinese social media app amid growing number of fraud cases | CNN Business

Taiwan has imposed a one-year ban on the Chinese social media app Xiaohongshu due to its non-cooperation in fraud investigations and potential use in disinformation campaigns. The app, popular among young Taiwanese, is linked to over 1,700 fraud cases. The ban reflects global concerns over cybersecurity risks associated with Chinese apps. Taiwan's Ministry of the Interior demands remedial plans from Xiaohongshu, which has yet to respond. The ban has sparked debates on internet freedom in Taiwan.

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Taiwan to ban China's Xiaohongshu app for one year on fraud concerns

Taiwan's interior ministry announced a one-year ban on China's Xiaohongshu app, citing security risks and involvement in over 1,700 fraud cases, resulting in losses of T$247.68 million. The app failed a government cybersecurity assessment and lacks compliance with Taiwan laws, hindering fraud investigations. Taiwan demands the app's parent company ensure data safety and comply with local legal frameworks. Citizens are advised to stop using the app. Taiwan warns against Chinese apps due to disinformation risks, rejecting Beijing's territorial claims.

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Crackdown on Crypto Speculation in Chinese Platforms Continues

Chinese authorities intensify crackdown on crypto speculation infiltrating social platforms like Xiaohongshu, as highlighted by the Beijing Business Daily investigation. source:

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Beijing Business Daily: Cryptocurrency trading is infiltrating platforms like Xiaohongshu, Taobao, and Xianyu, becoming a "hunting trap" for ordinary people.

Cryptocurrency trading is infiltrating platforms like Xiaohongshu, Taobao, and Xianyu, posing risks to ordinary users. These platforms disguise trading links as lifestyle content, creating a "hunting trap." Industry insiders call for joint efforts from regulators, platforms, and users to combat this issue. The People's Bank of China maintains a strict stance against virtual currency operations, continuing its regulatory policies since 2017 and monitoring overseas stablecoins.

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Xiaohongshu donated 5 million yuan for disaster relief

Xiaohongshu announced a donation of 5 million yuan for the fire at Hongfu Garden in Tai Po, to be used for the rescue of affected residents, subsequent temporary relocation, supply of living materials, emotional support, and other related work

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Revisiting the Revaluation of Chinese Assets!

Yesterday, I talked about Alibaba. Today, let's discuss the revaluation of Chinese assets.

In terms of countries that can enter the competition in AI, only ...

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