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The president of AmCham South China, Harley Seyedin, claimed that foreign firms are facing "mass concerns" because the law has greatly increased operating costs and has had a big impact on how business is done in China. More specifically, he stated that the cyber security law continues to create "uncertainties within the investment community ...
Behind the Great Firewall, Chinese digital products have to constantly compete with each other for a slice of consumers’ mindshare and spending, which has spurred an incredible pace of imitation ...
The law is seen to be primarily targeted at technology companies which have grown increasingly powerful in China over the years. [1] The law is part of a series of interlocking but related national security legislation including the National Security Law of the People's Republic of China, Cybersecurity Law and National Intelligence Law, passed ...
On 10 June 2021, the Data Security Law was promulgated and took effect on 1 September 2021. The law builds on the Cybersecurity Law and significantly extends China's extraterritorial jurisdiction of its current data regulations over new categories of data. It establishes new rules for businesses interacting with Chinese citizens, both inside ...
China’s chips lag “years behind,” U.S. Secretary of Commerce Gina Raimondo told 60 minutes in April. Read more: Research Finds Stark Global Divide in Ownership of Powerful AI Chips
Just this month, new restrictions were placed on China’s ability to purchase and manufacture certain high-end chips used in military applications. The export controls also impact U.S. companies ...
Information technology law (IT law), also known as information, communication and technology law (ICT law) or cyberlaw, concerns the juridical regulation of information technology, its possibilities and the consequences of its use, including computing, software coding, artificial intelligence, the internet and virtual worlds. The ICT field of ...
America and China’s $574 billion chip war has already scored an ‘extraordinary success beyond anyone’s wild dreams’ for Joe Biden Rachel Shin, Irina Ivanova September 3, 2023 at 7:01 AM