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China’s new law to strengthen control on tech firms’ data

Published

3 years ago

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Chinese lawmakers have approved legislation aimed at giving the country more tools to counter U.S. sanctions in their growing rivalry.

China is seeking to find new ways to fire back at the U.S. and other Western countries amid tensions over a range of issues.

The law attempts to defuse U.S. and E.U. pressure over trade, technology and Hong Kong.

However, Foreign companies worry about the impact the new laws will have on foreign investment.

An earlier draft called for the establishment of a categorical and hierarchical system for data and risk-assessment mechanisms.

China’s bill urged national security reviews of data handling, saying that harmful overseas activities should be “pursued for legal responsibility.”

The law represents “another important piece in the overall data protection regulatory jigsaw in China,” said Carolyn Bigg, a Hong Kong Lawyer said.

President Xi Jinping is seeking to gain control of vast reams of information produced by companies like Alibaba and Tencent, as part of broader efforts to position China as a leader in big data.

Beijing has been pouring money into data centers and other digital infrastructure to make data a national economic driver and help shore up the Communist Party’s legitimacy.

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Leaders

Politics in the workplace: Musk backs Trump, while his workers donate to Harris

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7 hours ago

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September 19, 2024

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Workers associated with Elon Musk’s companies, including Tesla & SpaceX have reportedly made substantial donations to Kamala Harris’ campaign, despite Musk publicly supporting Donald Trump.

Employees from Elon Musk’s companies have thrown their financial support behind Vice President Kamala Harris, despite Musk publicly backing Donald Trump.

This comes as Musk, one of the world’s wealthiest men, has voiced his support for Trump in the 2024 presidential race.

Even with their boss firmly on Trump’s side, employees from his companies are backing Democrats in the upcoming election. #featured #trending

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“All good here”: final message from doomed Titan sub revealed

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1 day ago

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September 18, 2024

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The final message from the crew of the titan submersible revealed – the crew’s chilling final message was ‘all good here’, this coming through just moments before disaster struck.

The deep-sea craft was heading to the Titanic wreck when it lost contact and imploded less than two hours into its dive in June 2023.

A 15-month investigation has now led to a public hearing, aiming to prevent future incidents.

OceanGate, the company behind Titan, is facing tough questions about its safety protocols. #featured #trending

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Leaders

Eight killed after fatal pager explosions across Lebanon

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1 day ago

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September 18, 2024

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Militant group Hezbollah has promised swift punishment against Israel after deadly pager explosions rocked Lebanon, killing eight and wounding thousands.

WARNING: This story contains graphic footage.

The blasts, targeting Hezbollah strongholds, mark the biggest escalation in nearly a year of conflict.

Israel has not responded to questions about the explosions, as tensions between the two sides continue to rise.

Hezbollah, who claims some of its fighters were killed in the blasts, has vowed that Israel will face consequences. #featured #trending

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