this post was submitted on 26 Feb 2025
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Technology

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A first-of-its-kind policy allows Chinese firms to treat data as an asset, but compliance hurdles are keeping many companies on the sidelines.

  • The government has allowed all Chinese companies to register data as assets on their balance sheets.
  • Adoption of the policy has been slow, with only a small percentage of companies logging data as assets.
  • Compliance hurdles are high, but China’s experiment could potentially shape global accounting norms.
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