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 Chan

China'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

Credit: Kittipong Jirasukhanonta/Adobe Stock

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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.

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