The European Union’s powerful privacy regulators have taken aim at China’s sweeping surveillance laws for the first time, handing down a €530 million fine to social media giant TikTok. The ruling finds TikTok illegally sent user data to China and failed to guarantee its safety from government snooping. This decision marks a significant moment in Europe’s relationship with Beijing on data privacy rules, setting a precedent for companies transferring personal data from the EU to China.
Source: https://www.politico.eu/article/tiktok-fine-eu-china-relations-ireland-data-privacy-regulation-surveillance