China Loosens Cross-Border Data Rules to Ease Business Pressure

China has announced that it will loosen its cross-border data rules in order to ease business pressure. The move comes as companies have been facing increasing challenges in transferring data across borders due to strict regulations.

The new rules will allow companies to transfer data more easily, which is expected to benefit businesses in various sectors. This decision is seen as a positive step towards promoting international trade and economic growth.

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China Loosens Cross-Border Data Rules After Business Pressure(Bloomberg) -- China relaxed rules governing cross-border data flows, addressing a key concern of foreign businesses that had complained previous regulations...
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