Ron Burgundy Posted March 19, 2015 Share Posted March 19, 2015 By Robin Emmott BRUSSELS (Reuters) - The European Union on Thursday sharply criticized China's new cyber security rules, joining a global effort to challenge measures that U.S. and EU companies say could force them out of the Chinese market. Calling them a "tremendous barrier" for foreign companies competing in the information technology sector, the European Commission said the rules proposed late last year went far beyond other security standards around the world. "China continues to consider that only Chinese-developed information security technology is regarded as 'safe', and applies a concept of 'national security' far beyond normal international practice," the Commission, the EU executive, said in its annual report on trade barriers. China's banking regulator has adopted new standards requiring tech products to be "secure and controllable" for use in the financial sector. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.