Six months after it went into force, China’s tough new cybersecurity law is still troubling US technology executives who fear that it will put the intellectual property of their companies and the data they collect in jeopardy.
…while the law went into effect June 1, the Chinese government is still drafting specific implementation rules.
Company and trade-group representatives are also concerned that the network-equipment security reviews could expose proprietary source code, jeopardizing their trade secrets[.]
The People’s Republic of China wants other nations’ intellectual and technology property, and it’s willing to steal it in any way it can. Especially targeted are businesses the PRC considers “critical information infrastructure:” computer-network operations in telecommunications, energy, transportation, information services, and finance.
Notice that. These technologies also are critical to the other nations’ security. But that’s why the PRC demands the accesses and is so…hazy…about its rules facilitating getting those accesses.
One more reason to restrict the amount and nature of any business dealings with the mainland.