Zero Hedge – by Gordon G. Chang
On January 1, China’s Cryptography Law becomes effective. The legislation follows the December 1 implementation of the Multi-Level Protection Scheme 2.0, issued under the authority of the 2016 Cybersecurity Law.
Together, these measures show Beijing’s absolute determination to seize from foreign companies all their communications, data, and other information stored in electronic form in China.
Beijing’s complete visibility into the networks of foreign companies will have extremely disadvantageous consequences. (Photo: Wikimedia Commons.)
President Trump should use his emergency powers to prohibit American companies from complying with the new rules or from storing data in China.
After all these “cybersecurity” rules are in place, no foreign company may encrypt data so that it cannot be read by the Chinese central government and the Communist Party of China. In other words, businesses will be required to turn over encryption keys.
Companies will also be prohibited from employing virtual private networks to keep data secret, and some believe they will no longer be allowed to use private servers.
Read the rest here: https://www.zerohedge.com/political/china-adopts-malicious-cybersecurity-rules
WELL……… THATS WHAT HAPPENS WHEN YOU MOVE YOUR SHIT TO CHINA, AMERICAN NUMBSKULLS!
IT IS A C O M M U N I S T COUNTRY!!
“President Trump should use his emergency powers to prohibit American companies from complying with the new rules or from storing data in China.”
Why?
He owns companies there, the commie POS.
“First, Chinese officials will be permitted, under Chinese law, to share seized information with state enterprises. This means the enterprises will be able to use that information against their foreign competitors.”
Meaning US.
“Second, China’s new rules will almost certainly result in foreign companies losing trade secret protection around the world.”
You mean they can’t be trusted to keep secrets?
And NOT use them against competitors???
NAWWWWWW!
“In these circumstances, we have to assume Chinese officials are acting with malign intent.”
In ALL circumstances.
They ALWAYS act with ‘malign intent… they’re COMMUNISTS, after all.
“President Donald John Trump can use his broad powers under the International Emergency Economic Powers Act of 1977 to prohibit companies from complying with the pernicious new rules or from storing data in China.”
Yeah… THAT’S gonna happen, alright.
This is merely ONE of the reasons the internet was turned over to the commie Chinks.