Comment on China's Strict New Security Laws Are Bad News For Apple (AAPL)

China's Strict New Security Laws Are Bad News For Apple (AAPL)

China is introducing strict new rules for technology companies that want to sell their products to Chinese banks, The New York Times reports — stoking fears of a crackdown that could harm American businesses. Now, companies hoping to sell equipment to Chinese financial bodies will have to give the Chinese government unprecedented access to their products, according to documents seen by the newspaper.

 

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