China is delaying the release of a controversial measure that would restrict foreign companies from taking certain data out of the country, as US-China trade talks reach a critical stage.
Beijing had planned to announce regulations restricting cross-border data transfers by the end of last year, but regulators have dragged their feet to avoid sparking another confrontation with US companies, according to two people familiar with the process.
Multinationals fear that a vague requirement to keep “important data” within China could force a costly restructuring of the way they store data in the cloud.
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