Asian countries build data fortresses to protect new national assets

Limits on cross-border flows hurt business and risk leaving countries poorer

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India's Red Fort prepares for Independence Day celebrations. The country is considering legislation to strengthen control over data collected within its borders. © Getty Images

JUN ISHIHARA, Nikkei staff writer

TOKYO -- As companies place greater and greater value on big data as an essential part of their operations, nations are beginning to look at the information -- which runs from home addresses to consumer behavior -- as a new national resource.

With this rise, countries are starting to build their own bastions through legislation to hoard the asset. But tech companies argue these types of data fortresses will stifle innovation.

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