Doing Business with the PRC

The People’s Republic of China is stepping up their corporate espionage.

Starting November 1, police officers will have the authority to physically inspect businesses and remotely access corporate networks to check for potential security loopholes, according to the regulations released Sunday by the Public Security Ministry. Police will also be authorized to copy information and inspect records that “may endanger national security, public safety, and social order,” the rules said.

And

The new regulations also reinforce requirements on censorship and surveillance laid out in the cybersecurity law.

And to steal company secrets and classified information, and to plant malware for future use.

This is just one more reason for businesses to stop doing business with PRC companies or inside the PRC.  Lose market share?  What’s the cost of having all your secrets stolen, PRC domestic companies set up in competition based on those secrets, and then you, having been milked dry, being tossed aside?

What’s the cost to the security of your home country?  Oh, wait—that’s that patriotism that companies like Alphabet so deprecate.

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