News Snapshot:
Will Beijing continue to allow initial public offerings (IPO) by Chinese technology firms in New York? The answer to that question is being considered after China released a new draft cybersecurity proposal over the weekend, which gives an obscure office within the Cyberspace Administration of China the right to virtually veto any technology company planning to list on foreign exchanges. But another question being asked is, will the cybersecurity review office veto all applications, or will it make it so hard that few are willing to try? The answer is probably no. Beijing launched a cybersecurity review into Didi Chuxing...
