This is China’s new policy to keep everything in-house that means no outsiders business from around the world will not be able to profit as much unless the government gives you the stamp of approval. They are scare of open-source software so now players like IBM consulting (former member) will not get that People’s Republic of China contract. Chinese business only need apply.
China’s data privacy protection has long been considered one of the world’s weakest. But the government’s proposed data security guidelines may go too far in the opposite direction.
The People’s Republic of China took a step toward addressing its lack of comprehensive data privacy laws earlier this year: It issued a series of proposed data security guidelines intended to better protect the privacy of Chinese citizens and provide guidance for international businesses operating in the country. The document, developed in consult with China’s Ministry of Industry and Information Technology, contains a set of broadly applicable rules and principles for storing, handling and transferring personal information.
Some business leaders worry the regulations, as they are currently written-with requirements stricter than those that exist in the U.S. or Europe-are too expansive and could cause serious damage to China’s growing IT and business process outsourcing industry and to its customers. Specifically, the proposed rules indicate that information sent to China would face restrictions in getting back out again.