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Bloomberg: China’s New Data Law Gives Xi the Power to Shut Down Tech Firms

Wed June, 2021, Age: 2 years

According to China’s new data security law, which was passed on June 10 and goes into effect on September 1, firms found mishandling “core state data” can be forced to cease operations, have their operating licenses revoked, or be fined up to 10 million RMB ($1.6 million). The law continues the Chinese state’s ongoing efforts to tighten control over information collected by private technology companies, itself part of broader efforts to digitize society and position Chinas a a leader in big data applications. 

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chinastealthwar Stealth War @chinastealthwar ·
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