In the News: Shanghai Data Transfer; US AI Regulations; and US Sanctions Chinese BioTech

January 31, 2024 | BY

Clarence Lee &Krista Lee

Shanghai plans a three-tiered cross-border data flow regime in the Lingang free trade zone to boost foreign investment; the U.S. proposes a "know your customer" regulation for cloud computing companies over China AI concerns; and a bill introduced in Congress called the BIOSECURE Act, is designed to broaden current sanctions on China

 

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