China needs better data privacy policy to capture digital trade growth
If China doesn’t step up its efforts on issues such as data privacy and intellectual property protection, the country could miss out on a 37 trillion yuan ($5.5 trillion) growth opportunity in the decade ahead, according to analysis published Thursday by the Hinrich Foundation.
“To sustain China’s growth momentum into 2030 and beyond, China would need to hone competitive strategies beyond the low-cost advantage that has traditionally propelled its economic growth,” the report says.
Source: China needs better data privacy policy to capture digital trade growth
