Chinese officials meet with foreign firms to ease data law fears

News Snapshot:

China’s internet regulator is reaching out to foreign firms, including Walmart Inc. and PayPal Inc., to discuss ways to navigate Beijing’s new data-security rules, an effort to reassure multinationals worried about their ability to operate in the world’s No. 2 economy under the latest regulations. Most Read from Bloomberg Officials from the Cyberspace Administration of China met with executives from dozens of international firms to ease their concerns about the new data regime ahead of a final November deadline for implementation, people familiar with the matter said. Regulators took questions, offered guidance on how to adhere to the rules and...