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Home » Chinese business database Qichacha passes Beijing’s security test for resuming overseas operations
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Chinese business database Qichacha passes Beijing’s security test for resuming overseas operations

Justin Ashley
Last updated: 2023/11/10 at 9:47 PM
Justin Ashley
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Chinese business database Qichacha passes Beijing’s security test for resuming overseas operations
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Read more about China from CNBC ProThere’s a ‘Game of Thrones’ in AI, but these Chinese tech giants offer real value, says tech veteran

Chinese business database Qichacha said it has passed a data export security assessment, allowing the company to resume overseas operations.

Vcg | Visual China Group | Getty Images

BEIJING – Chinese business database Qichacha said Friday it has passed a data export security assessment, allowing the company to resume overseas operations.

The news signals a relaxation of increasingly strict Chinese government controls on data sharing due to national security concerns.

Earlier this year, Reuters reported, citing sources, that Qichacha and similar databases had closed off access to offshore users for months.

Qichacha said in a press release on Friday that it is the first company to pass the Cyberspace Administration of China’s data export security assessment for a platform that researches corporate creditworthiness data.

China is building a more resilient economy: CEO of StanChart

The administration did not immediately respond to a CNBC request for comment.

In October, the country’s cybersecurity regulator issued draft rules that eased restrictions on sending data outside mainland China – an issue that had become a major challenge for foreign companies in the country.

Read more about China from CNBC Pro

There’s a ‘Game of Thrones’ in AI, but these Chinese tech giants offer real value, says tech veteran

Justin Ashley 10 November 2023 10 November 2023
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By Justin Ashley
Justin Ashley is a distinguished financial expert with an impressive track record in the world of finance. He embarked on his career at New York Business Times in 2015 as a finance correspondent and has since become a prominent figure in the industry.
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