In recent months, the People’s Republic of China (PRC) has implemented several new laws significantly impacting privacy and data security, including the Multi‐Level Protection Scheme (MLPS), the foreign investment law, and the cryptography law. The panel will unpack these new laws, explore the practical consequences for doing business in China or with Chinese‐based entities, and lead a dialogue on practical suggestions for maintaining the integrity of personal data, client confidences, and intellectual property.