TechnologyTaiwan to block streaming services of Tencent and Baidu's iQiyi
Crackdown is latest setback for Chinese internet companies seeking growth abroad
Taiwan's move to crackdown on Tencent and Baidu-owned iQiyi has drawn public backlash from fans of their video streaming services. (Source photos by AP)
COCO LIU and LAULY LI, Nikkei staff writers
August 19, 2020 16:16 JST
HONG KONG/TAIPEI -- Taiwan authorities are closing a regulatory loophole to block Tencent Holdings and Baidu from offering video streaming services on the self-governing island, the latest sign that rising geopolitical tensions are weighing on the global ambitions of Chinese internet giants.