How the new Data Security Law will impact operations in China
The Data Security Law (DSL) represents a milestone in China’s regulatory framework. For the first time information, rather than technology, will be the regulatory focus. That the law was pushed through so quickly is indicative of its importance to policy makers. The key question for firms operating in China is how important it will be for them. The regulation establishes a class of regulated information that is not a state secret but is sensitive enough to China where how it is handled and where it is transferred is now regulated. How will this impact the operations of companies in China? Where does the DSL fit into the broader regulatory framework?