Alibaba And Other Chinese Stocks Go Jittery As China Tightens Rules On Overseas Data Transfer
The Cyberspace Administration of China (CAC) sought public feedback on draft rules governing the transfer of personal data overseas, Reuters reports. Under the draft rules, companies collecting personal data would be responsible for the legality, legitimacy, the need for the data, scope, and security of overseas transfers. The draft also covers methods…
Benzinga ·