China’s Big Tech face wake-up call as country’s web of data protection laws grows more elaborate

//China’s Big Tech face wake-up call as country’s web of data protection laws grows more elaborate

China’s Big Tech face wake-up call as country’s web of data protection laws grows more elaborate

Until recently, the Chinese Cyberspace Administration (CAC), which helps censor China‘s internet behind the Great Firewall, had rarely been involved with companies’ plans to go public.By the time the CAC was created in 2011, the path for Chinese firms to sell shares in places like Hong Kong and New York was already a well-trodden route for lawyers and investment bankers. Like other administrative bodies in China, the CAC can offer suggestions to businesses, but it is not a legally binding…

Article by [author-name] (c) China - South China Morning Post - Read full story here.

By | 2021-07-11T03:00:06+00:00 July 11th, 2021|Headlines|Comments Off on China’s Big Tech face wake-up call as country’s web of data protection laws grows more elaborate