- Capital Markets
- China Law News
- Cybersecurity
- Mergers and Acquisitions
- Outbound Investment
- Projects Energy and Environment
- Technology Media and Telecom
- Transportation
In the News: China Enforces Cybersecurity Rules; Gotion Invests in EV Battery Facility in the U.S.; and Former SEC Chair Urges Disclosure on China Exposure
September 14, 2023 | BY
Brian ChanChina's cybersecurity laws are heavily enforced for businesses of all sizes; Chinese Gotion receives CFIUS approval to build an EV battery facility in Illinois; and Former SEC Chair proposes large public companies disclose their exposure to China
|
China Increases Cybersecurity Enforcement
China is tightening security around domestic data. According to the South China Morning Post, law enforcement agencies are expanding efforts to monitor compliance in all types of businesses. Businesses are being warned about punishments they will face for not following evolving cybersecurity regulations. Last month, police in Zhenjiang, in the province of Jiangsu, carried out security sweeps and issued warnings to those that offered Wi-Fi without requiring real-name registration. The security inspections demonstrate China's growing scrutiny of the use of personal data by companies. Beijing has also been strengthening its data protection legal framework, which is seen as a pillar for national security.
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now