In addition, they should report data breaches which involve more than 500 clients or 5,000 sets of clients’ data.
BUSINESS
China to activate world’s first ‘clean’ nuclear reactor in September
Plans for thorium reactors have been around since the 1940s, but Chinese scientists believe they are finally close to creating a working prototype.
Key Takeaways and Q&As to Understand China’s Effort to Establish Its Own Legal Regime of Extraterritorial Jurisdiction
On 10 June 2021, the Standing Committee of the National People’s Congress reviewed and approved the Anti-Foreign Sanctions Law (the AFSL), which took effect on the same day. The AFSL was enacted …
U.S. weighs crackdown on China’s import of Iranian oil
The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran may not return to nuclear talks or may adopt a harder line whenever it…
Health Alert: Hong Kong (China), Recategorization of COVID-Exporting Countries
OSAC is a partnership between the U.S. State Department and private-sector security community that enables the safe operations of U.S. organizations overseas through threat alerts, analysis, and peer …
China’s Guangxi posts foreign trade growth of over 33 pct in H1
Qinzhou Port in south China’s Guangxi Zhuang Autonomous Region. (Xinhua/Zhang Ailin) NANNING, July 23 (Xinhua) — South China’s Guangxi Zhuang Autonomous Region saw its foreign trade volume reach 290.
The Nasdaq could rise 10% as investors flee Chinese tech companies and flock to US stocks amid Beijing’s crackdown, Wedbush says
Didi fell to a post-IPO low on Friday as Beijing considers unprecedented penalties on the ride-hailing company.
Analysis-China crackdown could knock crude oil import growth to 20-year low
Beijing’s crackdown on the misuse of import quotas combined with the impact of high crude prices could see China’s growth in oil imports sink to the lowest in two decades in 2021, despite an expected…
Beijing City Blockchain Touts IPFS Interoperability
ChainMaker wrote a blog post detailing how the blockchain will be able connect to IPFS on its WeChat account today. IPFS is a decentralized peer-to-peer network for storing data. ChainMaker is …
Chinese Startup Meicai Weighs Hong Kong IPO After Crackdown
Meicai, a Chinese startup that connects restaurants with vegetable producers, is considering shifting its initial public offering to Hong Kong from the U.S. after Beijing’s recent crackdown on …
China’s central bank requires non-bank payment firms to report overseas IPOs
China’s central bank issued rules on Friday about non-bank payment firms’ reporting of major events, including a requirement to report plans for overseas initial public offerings. Non-bank payment …
U.S.-China trade booms as if virus, tariffs never happened
Bilateral trade in goods is an area of stability in a U.S.-China relationship that has otherwise continued to deteriorate, with rising tension over Hong Kong, Taiwan, human rights, the origins of the …
What Brands Need to Know About China’s Patriotic Perfume Boom
Young Chinese aren’t just looking for novelty perfumes; they also crave scents and imagery that evoke a sense of their Chinese identities.
