• Tue. Apr 16th, 2024

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China’s New State Safety Guidelines Spark Fears Amongst Overseas Companies

China’s New State Safety Guidelines Spark Fears Amongst Overseas Companies


SUBSCRIBER+EXCLUSIVE REPORTING – China tightened its already sweeping state secrets and techniques regulation this week in a transfer that extends its clampdown on data and has sparked new fears amongst foreigners doing enterprise in China. 

China’s prime legislative physique adopted amendments to the nation’s Regulation on Guarding State Secrets and techniques to incorporate a brand new class of “work secrets and techniques,” broadening the scope of information and data sharing that can be thought-about a nationwide safety threat. In accordance with the state-run Xinhua Information Company, China’s ruling Communist Get together decided the regulation wanted updating due to “new issues and challenges” posed by advances in science and know-how. 

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