In the News: Data Security Law Reform?; China Securities IPOs; and US Import Scrutiny Heightened

August 23, 2023 | BY

Clarence Lee

China meets executives of international firms in order to reassure them over data security regulations; CSRC seeks regulatory opinion for the frist time for overseas listing; and Chinese automobile parts included in U.S. import detention over Xinjiang concerns

Promulgated: 2023-08-17

unlimit3d/Adobe Stock

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China Seeks to Reassure Foreign Firms over Data Security Laws

The Cyberspace Administration of China (CAC) has sought to reassure foreign companies such as Walmart and PayPal that they can still operate in China despite the new data security law, Bloomberg reported on Aug 17, 2023.

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