While a number of Chinese tech firms have made a splash in domestic markets of late, the rival superpower to the U.S. is increasingly scrutinizing companies like e-commerce giant Alibaba and rideshare app Didi. Shehzad Qazi, the managing director of China Beige Book International, spoke to Cheddar and broke down the regulatory and policy risks that investments into these tech firms pose. "Data protection is the critical thing the Chinese regulatory agencies are concerned with right now," he noted.