By Benjamin Cher

Foreign companies in China will have to apply for permission to transfer data out of the country under draft rules, according to a Wall Street Journal report.

This is the latest move by the government to tighten regulation of digital information, according to the report.

The rules will apply to network operators, a term that experts claim likely includes technology companies and other companies that does business through computer networks like financial institutions.

The rule will apply to companies seeking to move more than one terabyte of data or data with more than 500,000 people’s information. Companies will have to seek permission Read full story ›

Source: The Drum