Political Risk in Offshore Development

new Chinese rules – initially applying to firms selling products to Chinese banks -may require foreign firms to hand over source code and other measures….



Frustratingly the BBC and the New York Times – both pillars of modern journalism – fail to provide any reference or even the title of the document (which if 22 pages in Chinese could be hundreds of pages translated into English). I’ve not found it yet, so if anyone has it, please send it to me…..

To conclude, in a final word from Robert Peston “..the really big thing in the world, which will have an impact on our living standards is what happens in China. Nothing else really matters in comparison”http://www.bbc.com/news/magazine-30483762

The open letter from America appealing to delay the legislation can be found here but all the sources seem to be repeating the same story from Reuters without any actual detail on the rules or current timeline.

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