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NEWS & INSIGHTS

| less than a minute read

In the Global Digital Economy, Data is Money. Life is about to get very complicated thanks to China

China is about to eliminate privacy, data security and proprietary information in one Orwellian move...  What could possibly go wrong....

This system will apply to foreign owned companies in China on the same basis as to all Chinese persons, entities or individuals. No information contained on any server located within China will be exempted from this full coverage program. No communication from or to China will be exempted. There will be no secrets. No VPNs. No private or encrypted messages. No anonymous online accounts. No trade secrets. No confidential data. Any and all data will be available and open to the Chinese government. Since the Chinese government is the shareholder in all SOEs and is now exercising de facto control over China’s major private companies as well, all of this information will then be available to those SOEs and Chinese companies.

Tags

chinadata, privacy, datasecurity