Winston Wenyan Ma

China is following the European Union’s GDPR in trying to regulate the unruly data industry, says Winston Ma, Winston Ma, adjunct professor at the New York University School of Law at CNBC. China’s internet companies based for years their business models on consumers’ lack of awareness of privacy, he adds, but those days are over.


In 2018, the European Union’s landmark General Data Protection Regulation came into effect. Called the GDPR for short, it gives citizens in the bloc more control over their data and grants authorities the ability to fine companies that fall foul of the rules. The U.S. has yet to enact a nationwide data protection law like Europe.

Now China is attempting to do something similar.

“After years of Chinese internet companies building business models around Chinese people’s lack of awareness about privacy, users are becoming more knowledgeable, and they are becoming angry with companies abusing their personal information,” Winston Ma, adjunct professor at the New York University School of Law, told CNBC via email.

More at CNBC.

Winston Ma is a speaker at the China Speakers Bureau. Do you need him at your (online) meeting or conference? Do get in touch or fill in our speakers’ request form.

Are you looking for more fintech experts at the China Speakers Bureau? Do check out this list.

Please follow and like us: