China's new Cyber Security Law was released on 1 June 2017. The highly contested guideline, titled “Information Security Technology – Guidelines for Data Cross-Border Transfer Security Assessment”, requires network operators to conduct security assessments prior to transferring specific information outside of China.
The latest China's Connected Consumers report reveals the growing sophistication of the Chinese consumer when it comes to luxury online spending. No longer are they just following trends, they are setting the pace and increasingly are the driving force in a dynamic environment.
KPMG China has co-authored a report with Silk Road Associates, titled "MNCs in China – Making the Right Moves" (Multinational Companies, MNCs). The report highlights the many opportunities that China continues to present for MNCs, as they continue to play a key role in the development of China’s economy.