In late March, authorities hosted global executives in Beijing, telling them they were 'not foreign visitors, but a family' and pledging to slash red tape. But since pandemic restrictions were lifted in recent months, China has restricted overseas access to data and publicized raids on consulting firms.Amendments to anti-espionage laws effective from July 1 will broaden the definition of spying and ban transferring information that relates to national security.
''I think certain firms... have always engaged in research activities that push the boundaries –- and that, as has always been true for decades now, some of them will get caught,' said Bob Guterma, a former Capvision chief compliance officer who now runs news and business intelligence site The China Project.'People are waking up — or it's more like the newest round of awakening to the dangers of doing business in China that have always existed.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: manilabulletin - 🏆 25. / 51 Read more »