The legislation will require foreign firms on the mainland to store all data in China and undergo “security reviews”. Photo: ReutersThe legislation will require foreign firms on the mainland to store all data in China and undergo “security reviews”. Photo: Reuters
The legislation will require foreign firms on the mainland to store all data in China and undergo “security reviews”. Photo: Reuters
China /  Politics

China cybersecurity law likely to harm foreign firms operating on mainland, says Asia finance body chief

Head of Asia Securities Industry and Financial Markets Association says adoption of legislation ‘worrying’

Topic |   Cybersecurity
Reuters
Reuters

Updated: 2:54pm, 20 Jul, 2018

Why you can trust SCMP
The legislation will require foreign firms on the mainland to store all data in China and undergo “security reviews”. Photo: ReutersThe legislation will require foreign firms on the mainland to store all data in China and undergo “security reviews”. Photo: Reuters
The legislation will require foreign firms on the mainland to store all data in China and undergo “security reviews”. Photo: Reuters
READ FULL ARTICLE