Money
World’s strictest privacy law? China set to ramp up surveillance
China is expected to pass a new privacy law this week, as concerns grow over online fraud and data theft
This could be the world’s strictest data-privacy laws.
The law is set to resemble the world’s most robust protection for online privacy.
The law is on its third round of reviews, usually the last before passage.
It will require any organisation or individual handling personal data to minimise its collection and obtain prior consent
It covers government agencies, but is expected to be tighter on the private sector.
However, unlike European governments, Beijing is expected to maintain broad access to data under the new laws.
It follows data theft and collection by Chinese tech giants.