This is Mac OSKinn.

Look at Apple and the Middle Kingdom.

Apple Pay adds another big vendor and a plethora of updates from the Cupertino company.

It's Friday, January 30th, 2015. I'm Ken Ray and this is news from Maco S. Ken.

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Remember the story from last week that said that Apple would allow China to inspect products

it wants to sell there over security concerns?

It looks like the People's Republic may be up to

something much bigger than that.

Quoting the first paragraph of a piece from the New York Times, the Chinese

government has adopted new regulations requiring companies that sell computer equipment to Chinese banks to turn over secret source code, submit to invasive audits, and build so-called back doors into hardware and software, according to a copy of the rules

obtained by foreign technology companies that do billions of dollars worth of business in China.

The peace has the Chinese government saying the audits and backdoors are aimed at strengthening

cyber security and important industries in China.

However, companies not from China that want to sell stuff to China

say the regulations are simply about trying to lock them out of one of the biggest

and fastest growing markets on the planet. Problem with China though, either one of those reasons could be true.

Quoting the times again, although it is unclear to what extent the new rules result from security concerns

and to what extent they are cover for

building up the Chinese tech industry, the Chinese regulations go far beyond

measures taken by most other countries lending some credibility to industry claims that they are protectionist.

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