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Zenger
Zenger
Politics
Bibhu Pattnaik

U.S. Companies In China Brace For Risks As New Counterespionage Law Takes Effect

Former director of the National Counterintelligence and Security Center (NCSC), speaks to the Senate Intelligence Select Committee on the threats to national security from China in 2021. In a recent statement by NCSC, the implementation of China's revised counterespionage law, set to take place on July 1, raises concerns about possible legal risks for companies that have business operations in China. NICHOLAS KAMM/AFP VIA GETTY IMAGES

U.S. intelligence officials reiterated their warnings to American companies engaged in business in China, highlighting the country’s imminent implementation of an updated counterespionage law.

“The upcoming implementation of China’s revised counterespionage law, which is set to take place on July 1, has raised concerns about possible legal risks or uncertainties for companies that have business operations in China,” said the National Counterintelligence and Security Center (NCSC) in a statement. 

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