Financial Times: Alibaba and Tencent “hope that China will repeal the PIPL” & Update Regarding e-commerce opposition of China’s PIPL

 Title: Alibaba and Tencent “hope that China will repeal the PIPL” 

Ecommerce sites find data privacy essential to protecting the economy and respecting their consumer interests 


Alibaba and Tencent are in strong opposition to the Chinese Personal Information Protection Law (PIPL) imposed in November of 2021. These China-based e-commerce sites feel that the increase in data security and regulation will hinder their ability to “value their customers”. In the situation that the Chinese government proves unwilling to either repeal the PIPL or compromise on a middle ground, both companies threatened to withdraw 15.5 billion dollars in funding (each) from the government’s “Common Prosperity” Drive. Tencent reassures that they are not seeking conflict but did assert that if their concerns are not addressed the pullout of funding will serve as an “end all be all.” 

In the first Joint External Policy Regarding Chinese Law co-proposed by Tencent and Alibaba, these e-commerce sites “[r]emind the government of the People’s Republic of China of Tencent and Alibaba’s immense contributions to the Chinese economy” where the digital commerce makes up over 40% of the overall Chinese economy. These sites recognize the important role they play in the Chinese economy and are hoping to use their representation in order to continue valuing their consumers. Alibaba and Tencent feel that if China was to cooperate with them on data privacy, it would help “increase the country’s GDP” and also help “protect the economy”. 

The PIPL works in tandem with the existing national cybersecurity laws such as Cybersecurity Law (CSL) and Data Security Law (DSL), to increase the framework around individual data privacy. As China feels that data review through their government programs and laws is the basis for their citizen’s safety, e-commerce companies argue that it is rather a data privacy and protection that is more essential to gain consumer trust. 

The Financial Times continues to stay at the forefront of this matter. As more companies voice their opinion on the matter and propose policies, the Financial Times is working on interviewing China on their position and response to these companies. 



Title: Update Regarding e-commerce opposition of China’s PIPL


Decrease in funding will “dramatically impact the economy” China says, and asserts that they are the “People’s Republic of China for a reason” 


China upholds that the PIPL is “essential to consumer data security” despite the recent backlash and threats from e-commerce companies. The representative from China contends that they would love to work with these sites and find a compromise but repealing the PIPL and allowing the withdrawal of funds from the drive are both “strictly against China''. They believe that this policy proposed by Aliba and Tencent will not help their economy “at all”. China reminds these companies to not get their self-interests involved and “do what’s best for the people”. 

The Financial Times is continuing their investigation of this matter and will report on the status of both the policies proposed by Alibaba and Tencent, as well as other e-commerce sites. We will continue to observe the responses on both sides of the matter and will work with independent economists and trend analyzers to assess how these possible policies and resolutions will impact both the Chinese economy as well as the global impacts. 

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