Numerous multinational companies are operating, investing, and producing significant profits in China. The Chinese government encourages foreign investment to continue to stimulate and grow its economy, but due to a variety of concerns is also imposing stringent data residency rules on data deemed to be critical.
For multinational companies in China, data residency rules are driving an examination of how to separate Chinese data from global IT systems such as customer relationship and ticketing systems. Operating a business in China requires navigating a host of data privacy laws, regulations, and processes including the Personal Information Protection Law (PIPL), Cybersecurity Law (CSL), Multi-Level Protection Scheme (MLPS), and Cyberspace Administration of China (CAC) data export security assessment process.