"By giving the Chinese government and its cronies full access to its data, the U.S. or EU company may very well be deemed to have illegally exported technology to China and it could face millions of dollars in fines and even prison sentences for some of its officers and directors. There is an inherent conflict between foreign laws mandating a company not transfer its technology and China’s laws which effectively mandate that transfer.

Under China’s new cybersecurity system, there will be no place to hide."

Very good. Put the Cooks and Pichais in jail. Only this will make them rethink doing business in China.