Trade groups appeal to Beijing to postpone cybersecurity law


A coalition of 54 global business groups appealed to Chinese authorities Monday to postpone enforcing a cybersecurity law they warned violates Beijing’s free-trade pledges and might harm information security.

The appeal by groups from the United States, Japan, Britain and other countries adds to complaints Beijing is improperly limiting access to its markets for technology products, possibly to support its own fledgling suppliers.

In a letter to Chinese regulators and the ruling Communist Party’s cybersecurity committee, the groups said the Cybersecurity Law due to take effect June 1 might violate Beijing’s trade commitments and make theft of information easier. It would limit use of foreign security technology and require data about Chinese citizens to be stored within the country.

Signers included the Business Software Alliance, the U.S. Chamber of Commerce and trade groups for insurers, technology suppliers and manufacturers from Britain, Japan, Australia, Mexico and South Korea.

 

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Source: Trader Planet.