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Beijing cyber rules raise fears of digital protectionism

Talk of protectionism once meant bemoaning barriers being erected in far-off lands for offcuts of beef or steel rods, but in Washington these days the protectionism fears have gone digital.

Mindful of the world-leading position of domestic technology companies such as Google and Microsoft and eager to maintain their competitiveness in the face of new challengers, the US is increasingly pushing back against what it sees as a rising tide of protectionism aimed at the US tech sector in China, Europe and elsewhere.

In the latest example, President Barack Obama has led US complaints over new Chinese cyber security rules for the banking industry that tech companies complain would in effect shut them out of an important market.

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