U.S.-China business group: Chinese data policies drive up costs, legal risk
China’s implementation of a slew of data and cybersecurity policies are driving up the costs and legal risks of doing business there and could lead to “‘in China, for China’ data islands,” the U.S.-China Business Council says in a new report. The report details constraints businesses face as Beijing implements its Cybersecurity Law, in effect since June 2017; its Data Security Law, which took effect last September; and its Personal Information Protection Law, put in place last November. Additionally, China’s...