Articles by Michael Martina

China Eyeing Cyber Rule Delay After Outcry from Foreign Firms: Sources

China may delay full implementation of controversial new cyber security rules, giving companies more time to prepare, two people who attended a meeting on Friday between the country’s internet regulator, businesses and diplomats told Reuters. The Cyberspace Administration of China …

Global Business Groups Urge China’s Premier to Revise Draft Cyber Rules

In a letter addressed to Chinese Premier Li Keqiang, 46 global business groups spanning finance, information technology, insurance and manufacturing urged Beijing to revise its draft cyber rules which they said would hamper trade. The signatories include industry associations from …

China Likely to Adopt Cyber Rules for Insurers Despite Foreign Business Concerns

Controversial cyber security regulations for China’s insurance industry, now before the World Trade Organization (WTO), could soon take effect despite efforts by foreign business groups to persuade Beijing to change tack. Those groups say the draft measures are vague and …

China’s Draft Counter-Terrorism Law Alarms Foreign Technology Firms

China is weighing a far-reaching counter-terrorism law that would require technology firms to hand over encryption keys and install security “backdoors,” a potential escalation of what some firms view as the increasingly onerous terms of doing business in the world’s …

U.S. Ambassador Presses China Over Cyber Theft, Investment Treaty

Cyber theft of trade secrets by China is a threat to U.S. national security, U.S. Ambassador to China Max Baucus said on Wednesday in the first major public address of his tenure, warning that Washington would continue to pressure Beijing. …

Flexing Antitrust Muscle; China is a New Hurdle for Mergers & Acquisitions

China’s new-found clout in regulating global mergers is causing headaches for companies seeking high-stakes deals that need Beijing’s approval. Where corporate lawyers and advisers were once primarily concerned with merger clearance in the United States and Europe, China’s anti-monopoly law …

Earthquake Kills 207 People Injures 11,500 in China’s Sichuan Province

China’s worst earthquake in three years on Saturday killed at least 207 people and injured 11,500, 960 of them seriously, according to the latest figures available from China’s Ministry of Civil Affairs. The magnitude 6.6 quake hit a remote mountainous …