US warns new Chinese counterespionage law puts companies at risk

  • 📰 Reuters
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The U.S. on Friday warned about a new Chinese counterespionage law, saying American and other foreign companies in the country could face penalties from Chinese authorities for regular business activities.

that goes into effect on July 1, banning the transfer of any information related to national security and broadening the definition of spying.

"These laws provide the PRC government with expanded legal grounds for accessing and controlling data held by U.S. firms in China," the NCSC said. It said the ambiguities of the law meant that "any documents, data, materials or items" could be deemed relevant to Chinese national security, also putting journalists, academics and researchers at risk.

"China will continue to promote high-level opening-up and provide a more law-based and international business environment for companies from all countries, including the United States," embassy spokesman Liu Pengyu said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines