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Letters | TikTok aside, how safe is social media from CIA?

  • Readers discuss concerns over social media platforms other than TikTok, and the significance of China’s financial regulatory overhaul

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The Chinese-owned TikTok faces call for a ban in the United States. Photo: AFP
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I am sure it is prudent to be cautious about the possibility of TikTok’s links to the Communist Party, but does anyone doubt for one moment that the Central Intelligence Agency monitors directly or indirectly the profusion of social media platforms it decides are of interest?

Christopher Lavender, Pok Fu Lam

With SVB’s collapse, China’s financial regulatory overhaul makes sense

It comes as a surprise that Silicon Valley Bank, part of a publicly traded company and the largest bank by deposits in Silicon Valley, should have collapsed in 48 hours. Its demise amply reminds us of the importance of a robust regulatory framework for the banking sector.
The Chinese government recently moved to overhaul the banking and financial regulatory system. While such a revamp is widely regarded as President Xi Jinping’s attempt to further consolidate his power, its timeliness and contribution should never be understated, in particular in an increasingly turbulent world.

Gordon Ng, Ho Man Tin

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