China expands scope of 'state secrets' law in security push

China's revisions to its state secrets law increase national security risks for foreign businesses, impacting foreign direct investment. The law's vagueness complicates life for foreign firms and its expanding scope raises concerns. Chinese authorities have targeted consulting firms and executives, further impacting foreign investment. China's second-largest economy faces challenges due to the strengthening of national security laws.

Feb 29, 2024 - 04:00
China expands scope of 'state secrets' law in security push
China's revisions to its state secrets law increase national security risks for foreign businesses, impacting foreign direct investment. The law's vagueness complicates life for foreign firms and its expanding scope raises concerns. Chinese authorities have targeted consulting firms and executives, further impacting foreign investment. China's second-largest economy faces challenges due to the strengthening of national security laws.