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China's new espionage law likely to discourage foreign capital inflow, cut economic growth

China's new espionage law likely to discourage foreign capital inflow, cut economic growth
China's new law against espionage will tighten state control over a wider swath of data and digital activities. The Wall Street Journal (gated) reports:The updated law broadens China’s already expansive definition of national securitythreatens to undermine efforts by Communist Party leaders to court foreign capital in a bid to revive economic growth“The business community necessarily needs information,” said Lester Ross, a Beijing-based lawyer and chair of the policy committee at the American Ch... Read More
Posted: Apr 27 2023, 01:55
Author Name: forexlive
Views: 110546

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