“Spokeswoman Zheng Shu’na said an overarching legislation was needed to deal with ‘ever-growing security challenges’.  A separate anti-terrorism proposal could require network operators and service providers fighting for a share of China’s $465 billion technology market to build in ‘backdoors’ for government surveillance, hand over encryption keys to Chinese authorities and store user data within China.  Companies worry that could undermine their ability to secure communications.  Other new regulations already require Chinese banks to have 75 percent of their IT infrastructure certified as ‘secure and controllable’ by the Chinese government by 2019.”

http://www.ecnmag.com/news/2015/07/new-chinese-law-reinforces-government-control-cyberspace

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