China seeks to reassure multinationals over anti-spying law

Beijing pledges transparency to Western, Japanese, South Korean business lobbies

A lack of information about China's anti-spying law could affect foreign investment in the country, said an American chamber of commerce chief. © Reuters

SHUNSUKE TABETA and YUKIO TAJIMA, Nikkei staff writers

July 22, 2023 00:49 JST

BEIJING -- China vowed clarity regarding its new, broader anti-espionage law to foreign multinationals on Friday, aiming to reassure businesses fearful of being accused of spying.

"We will concentrate on increasing the transparency and predictability of policies by having regular exchanges with foreign companies," a senior official at the Ministry of Commerce said at a briefing in Beijing.