- A diet for data hunger
- The different truth behind political polls
- VDMA: Germany lost its championship title
- Huawei secures patent deal with VW supplier
- Boycott of Winter Games
- EU: WTO to rule in patent disputes
- EU Parliament: Sanctions without unanimity
- Censorship triggers LGBTQ uproar
- Portrait: Xia Xu-Fee – Consultant, a dream job
- Persons of interest: Andreas Gorbach new head of Daimler Trucks China
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China’s authorities are pushing forward its data protection offensive and are threatening companies with punishments should they not comply with new regulations. Does China finally value personal data? According to Frank Sieren, this is partly true, but unfortunately not the entire truth. Chinese authorities still have free access to all the data they would normally have to obtain through the back door in the US and EU. The strict enforcement of these new rules also serves as a reminder for tech companies who is in charge. But at the same time, corporations are no longer able do whatever they please with their customers’ data. That’s definitely progress.
Journalists who report from China know the problem: its citizens are very, very cautious when talking to strangers. Many people probably inherited this uneasy feeling about public expressions of opinions from their parents when they were younger. Marcel Grzanna investigated what impact this has on opinion polling in China. Surveys that aim to capture political trends in China are therefore difficult to conduct and even more difficult to interpret. This is especially true regarding the high approval ratings for the CP.
Finn Mayer-Kuckuk
Analysis
China’s diet plan for data hunger
China’s government intends to impose stricter controls on Chinese companies planning to go public abroad in the future These new rules specifically target “data security, cross-border data flow and management of confidential information,” according to a document released by the State Council in Beijing on Wednesday. The new rules will regulate confidentiality and responsibility for the security of information for companies traded overseas. Supervision of such listed companies will be tightened in order “to deal with risks and emergencies,” the announcement claims.
The official concern is that data of private individuals could leak abroad. Foreign authorities could then force companies to give access to their growing amounts of data.
Furthermore, regulations for the admission of Chinese companies to IPOs abroad are to be revised. China’s securities regulator aims to close loopholes that Chinese tech giants have used in the past to go public in the US or Hong Kong via holding companies in tax havens such as the Cayman Islands or the British Virgin Islands, as reported by financial agency Bloomberg. From now Chinese companies will require permission from authorities.
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