By Krista Hughes WASHINGTON (Reuters) - China has put a hold on a draft counter-terrorism law that would require technology firms to hand over sensitive information to government officials, a senior U.S. official said in a good sign for Western businesses who saw the rule as a major impediment to working in the world's second largest economy. President Barack Obama said in an interview with Reuters on March 2 that he had raised concerns about the law directly with Chinese President Xi Jinping. "They have decided to suspend the third reading of that particular law, which has sort of put that on hiatus for the moment," White House Cybersecurity Coordinator Michael Daniel said on Thursday, according to a webcast of a discussion at the Information Technology and Innovation Foundation. China Central Television reported on March 9 that Wang Aili, a senior official with the Chinese National People's Congress Standing Committee's legislative affairs commission, said the bill was not on the schedule for the NPC's annual session, which began last week.
via Tech News Headlines - Yahoo News http://ift.tt/1F9hdvC
via Tech News Headlines - Yahoo News http://ift.tt/1F9hdvC
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