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China Looks to Relax Data Export Rules to Allay Business Fears

China Looks to Relax Data Rules to Allay Business Fears

(Bloomberg) -- China has proposed relaxing its strict rules on data flows abroad, in its latest move to allay foreign business concerns and revive faltering growth in the world’s second-largest economy.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo New MembersTop Chinese Scientist Claims India Moon Landing Nowhere Near South Pole‘Fortnite’ Maker Epic Ga

Tesla promises new China data center in Shanghai

Tesla promises new China data center in Shanghai Posted : 2021-04-21 13:56 Updated : 2021-04-21 13:56 People walk by the Tesla Model 3 car at the Tesla trade fair stand during a media day of the Auto Shanghai 2021 motor show in Shanghai, China, April 19. EPA-Yonhap Tesla, the electric vehicle maker founded by Elon Musk, will build a data centre in Shanghai by the end of June to handle data collected from its EVs amid greater public scrutiny of how personal information is handled and after Beijing pushed for local storage of data gathered by smart vehicles in the country. The news was confirmed by Grace Tao, Tesla's China head of communications and government affairs, who was quoted on Monday in the 21st Century Business Herald, a Chinese newspaper.

Tesla promises new China datacentre as Beijing lays down the law on local storage of EV data