IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Mar 2016 | Removal date: open ended
Still in force

Local operations

On February 6th 2016, the Central Government of China announced a new edict which forced any banking institutions conducting activities within China that included e-banking services to station their relevant IT systems within the confines of the PRC's physical borders, in effect empowering the government to control all in- and outgoing traffic, and adding another rampart to the Great Firewall of China.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

711 Financial, insurance & pension services, excl. investment banking
841 Telephony & other telecommunications services
842 Internet telecommunications services

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