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LinkedIn's gradual retreat from China shows difficulties in balancing data compliance, business growth

By MLex Staff ( May 10, 2023, 10:29 GMT | Insight) -- Microsoft-owned LinkedIn's gradual retreat from China shows the difficulties in striking a balance between data regulatory compliance and business profits. Moves by the company to reposition itself have mostly been attributed to intense competition in the online recruitment industry and mounting regulatory pressures on data security, personal information protection and content scrutiny. The company's latest pivot occurs at a time when its application with the Beijing Internet regulator for the much-needed security review of cross-border data transfers has stalled. LinkedIn's retreat from China shows the difficulties in striking a balance between data regulatory compliance and business profits....

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