China clamping down on use of VPNs to evade Great Firewall
Publishing timestamp: 2017-07-20 07:09:25
Summary
China is tightening control over VPN use, potentially disrupting foreign companies' operations and jeopardizing trade secrets. The crackdown reflects President Xi Jinping's vision of "internet sovereignty" and control over information. Companies are concerned about weaker data security and leakage of trade secrets to Chinese competitors. Authorities have not guaranteed privacy of communications sent over Chinese VPN providers. Companies can avoid VPN restrictions by leasing circuits from state-owned providers at high prices.
Sentiment: NEGATIVE
Keywords: meta platforms inc, internet, asia news, donald trump, twitter (delisted), politics, trade, china, north korea, business news, business, xi jinping,
Source: https://www.cnbc.com/2017/07/20/china-clamping-down-on-use-of-vpns-to-evade-great-firewall.html