Re:Shanghai stock exchange suspends Ant Group's A-share IPO
by beaunative on Tuesday November 03, 2020 @11:28PM
(#24986450)
China's law does not apply, at least not easily, to a foreign citizens acting on a foreign soil, thus the Chinese company providing service would mean huge legal hazard for them, which is not the case for chinese citizen, where the contract entered between two chinese entities are protected under Chinese law and can be argued on a court of that jurisdiction.
Similarly, a lot of government-mandated apps require you to enter a state ID number which foreigners are not issued. The worst was living there through the coronavirus lockdowns and travel restrictions, because every town had its own special corona app to prove you had a green health code, but hardly any towns supported registration with a foreign passport. I presume that's changed now (i don't live there any more), but it's China, so there will undoubtedly be a new hazy private/public partnership gimmick app that makes things awkward for foreigners.