Against a backdrop of increasing geopolitical volatility and fast-paced technological advancements, protecting data sovereignty has become front of mind for governments around the world: it is a matter of national security. This is leading to a series of regulations on how to collect, store, use and transfer data - especially across borders. These regulations are disrupting significantly the business landscape for multinationals, as shown by recent events.
In China, the release of the Cybersecurity Law in 2017 marked the beginning of a series of regulatory changes which accelerated over the past couple of years, driven by rising economic tensions with a number of nations, and which have given form to its data governance regime. This includes the Data Security Law, which will become effective on 1 September, and the Personal Information Protection Law, which is expected to be passed this year.
Going forward, what is the likely trajectory that the evolution of China's data governance regime will take, and what are the implications for business? How will this impact the investments and operations of Chinese and foreign companies in China? And what are the actions that they can take to mitigate disruption?
Please join us for a breakfast event where Barbara Li, Head of Corporate at Rui Bai Law Firm, will talk about and help us understand the business implications from the recent changes to China's data governance regime, and the actions companies can take to avoid a negative impact to their operations. Following this our Beijing Director will engage in a conversation with a panel of experts.
Please note that this event is limited to senior-level executives and per invitation only. If you are not an existing member of The Economist Corporate Network, but would like to learn how you can attend our events, please contact us.