China Loosens Cross-Border Data Rules After Business Pressure

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(Bloomberg) -- China relaxed rules governing cross-border data flows, addressing a key concern of foreign businesses that had complained previous regulations...

-- China relaxed rules governing cross-border data flows, addressing a key concern of foreign businesses that had complained previous regulations were disrupting their operations.Yemen’s Houthis Tell China, Russia Their Ships Won’t Be Targeted

“The relaxations are meaningful. This is the government’s response to foreign companies’ complaints,” said Tom Nunlist, an analyst at consultancy Trivium.The new rules were largely in line with a draft released last year, which stated that what counts as “important” data must be specified by regulators and can otherwise be treated as non important. In theory, that will reduce uncertainty about what kinds of data can be transferred freely.

Organizations dealing with “critical infrastructure” or handling personal data of more than 1 million people still will need to pass security assessments in order to transfer data, the regulator said.

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China Loosens Cross-Border Data Rules to Ease Business PressureChina relaxed rules governing cross-border data flows by narrowing the kinds of data that require security evaluation, addressing a key concern of foreign businesses who have said the previous regulation disrupted their operations.
Bron: BNNBloomberg - 🏆 83. / 50 Lees verder »