Shanghai eases data-export curbs sought by Tesla, other firms | Reuters News Agency
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EconomyGovernment
17 May 2024, 10:53 am 1 minute
Reuters exclusively reported that Shanghai has compiled a list of data that can be transferred overseas without security assessments, a much anticipated move as China tries to lure foreign investment to boost a sluggish economy.
Market Impact
Foreign firms including financials and automakers such as Elon Musk’s Tesla have been lobbying the Chinese authorities to allow cross-border sharing of information after Beijing tightened control of data generated domestically in a national security drive.
Article Tags
Topics of Interest: EconomyGovernment
Type: Reuters Best
Sectors: Economy & PolicyGovernment & Public Services
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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