In December 2016, China passed a comprehensive Cybersecurity Law, expanding the country’s data localization requirement once it goes into effect this June and sparking heated debate among Chinese lawmakers. Some experts say even more legislation could be on the way.
With China such an important emerging market for many multinational companies, law firms and legal departments should be as aware of this change as they are of, say, the EU’s General Data Protection Regulation, right? Not so, found one recent survey.