In the News: Data Transfer Rules Loosened; Kyndryl Splits China Business; and Shenzhen Finances Tech Companies

Oct 11, 2023
| By Clarence Lee
China proposes to allow businesses to transfer certain types of data overseas without restrictions; IBM’s former IT services arm Kyndryl plans to split its China business over data security rules and tech restrictions; and Shenzhen’s government introduces initiatives to raise funding for local tech companies amidst U.S. tech restrictions

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