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Beijing demands 'secure and controllable' tech for banks
Published Fri, Jan 30, 2015 · 09:50 PM
San Francisco
DRAFT Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from US business groups.
But a translation of the proposed rules viewed by Reuters shows its immediate impact on foreign firms may not be as tough as feared.
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