Airwallex Moves Staff Out of China Amid 'Chinese Backdoor' Allegations
Airwallex Moves Staff Out of China Amid 'Chinese Backdoor' Allegations
According to the Financial Times, global payment platform Airwallex has decided to relocate its staff out of China following 'Chinese backdoor' allegations. The move aims to address security concerns and strengthen international operations.
Details of the Allegations
Airwallex, a China-based fintech company, faced accusations of creating a 'backdoor' for data access. These claims raised questions about data security and compliance with international regulations.
Company Response
Airwallex denied the allegations, stating that the staff relocation decision was made to improve operational efficiency and better serve global customers. The company will continue to invest in offices outside China.
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