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ARTICLE · 16 JANUARY 2025

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China Unveils New Framework To Stimulate Cross-Border Data Flows: Risk Or Opportunity For Multinational Companies

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In a move that underscores the evolving landscape of global data governance, China announced a new initiative aimed at fostering cross-border data flows.

ChinaPrivacy

New Chinese Framework Announced

In a move that underscores the evolving landscape of global data governance, China announced a new initiative aimed at fostering cross-border data flows. On November 17, Chinese President Xi announced the launch of a "Global Cross-Border Data Flow Cooperation Initiative" while attending the Asia Pacific Economic Cooperation (APEC) leaders meeting in Lima, Peru. The following day, the Cyberspace Administration of China released further details about the initiative, which frames China as a proponent of non-discriminatory and cooperative data policies. However, closer analysis reveals a complex interplay of geopolitical, economic, and regulatory factors behind this initiative.

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