POPA ReconPayments group accused of being ‘Chinese backdoor’ moves staff out of China
Payments group accused of being ‘Chinese backdoor’ moves staff out of China Fintech payments group Airwallex is relocating more than 100 international operations staff out of China to comply with US data security regulations as it plans an American expansionThis structural shift follows accusations from a Silicon Valley investor labeling the company a "Chinese backdoor" for sensitive data amid heightened geopolitical rivalry between Washington and Beijing https://www.ft.com/content/b0b16d69-15f6-4c35-bbb4-65633fe863a5?syn-25a6b1a6=1
The excerpt is quoted from a public Telegram channel, which owns its text.