http://www.scmp.com/news/china/article/1697491/tough-security-tests-banks-foreign-suppliers
Reuters in Beijing and San Francisco
01 February, 2015
Draft Chinese government regulations would force overseas 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 shows its immediate impact on
foreign firms may not be as tough as feared.
The draft shows the regulation would initially focus on types of hardware
and software where domestic suppliers already have a strong market
position compared with their foreign rivals.
Western companies say the rules have not yet been formally adopted and
some said they believed Beijing would retreat on some of the most onerous
ideas, including demanding that firms' proprietary source code be
reviewable.
Chinese leaders are to review the plan next week, US tech industry sources
said.
[...]
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