China launches an initiative to establish global rules to protect data security
China launches an initiative to establish global rules to protect data security

China will launch a plan to develop global standards for data security protection in response to US efforts to persuade countries to ban the use of Chinese technology on their networks, according to a report published by The Wall Street Journal on Monday. .

The newspaper quoted its self-amended draft as saying: According to the new "Global Data Security Initiative", China will call on all countries to "respond in a comprehensive, objective and evidence-based manner to data security."

According to the report, Chinese Foreign Minister Wang Yi will announce the initiative at the Global Digital Governance Symposium to be held in Beijing on Tuesday.

Due to national security concerns, the US President (Donald Trump) administration tightened restrictions on Chinese companies in recent months.

To date, China has launched an attack on the US government due to potential export restrictions by SMIC, America's largest chip maker.

The US Defense Department said on Saturday that it plans to add the minimum wage to the US Commerce Department's "Entity List", which will make it difficult for the company to obtain US-made parts. Which may affect production.

On Monday, Chinese Foreign Ministry spokesman Zhao Lijian accused Washington of "overt domination," adding that Beijing "strongly opposes" such actions.

"China has officially talked about the insufficient US oppression of Chinese companies," Zhao told reporters. . ''

If the United States includes minimum wages on its list of companies, it could exacerbate the tense trade war. Because there are few or sometimes no alternatives to U.S. coins, they can have a lot of difficulty developing or caring for their plants.

This, in turn, can annoy customers like Huawei and other tech giants. China could extend its retaliation and harm US companies that rely on Chinese-made products and parts.

China attaches great importance to the development of the domestic semiconductor industry, and this initiative has gained momentum in the trade war with the United States. However, the minimum wage is lagging behind its technological competitors such as TSMC of Taiwan and Samsung of South Korea.

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