China plans to ease one of the biggest hurdles for foreign business

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for business, especially foreign ones.

. But foreign businesses have found it difficult to comply — if not operate — due to vague wording on terms such as"important data."

The EU Chamber and other business organizations have lobbied the Chinese government for better operating conditions. The proposed changes reflect how"Beijing is realizing that there are steep economic costs attached to its data sovereignty ideals," Goujon said. During consultancy Teneo's recent trip to China, the firm found that"foreign business sources were largely unexcited about the plan, noting that it consists mostly of vague commitments or repackaging of existing policies, but some will be useful at the margin," managing director Gabriel Wildau said in a note.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 524. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

US takes action against Chinese companies, people tied to fentanylThe United States on Tuesday announced actions against Chinese companies and people as President Joe Biden's administration targets trafficking of the deadly drug fentanyl, unsealing indictments and imposing sanctions on dozens of targets.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

US takes action against Chinese companies, people tied to fentanylWASHINGTON, Oct 3 (Reuters) - The United States on Tuesday announced actions against Chinese companies and people as President Joe Biden's administ...
Herkunft: AllSidesNow - 🏆 572. / 51 Weiterlesen »