Business groups petition China's premier on cyber rules

By Michael Martina BEIJING (Reuters) - In a letter addressed to Chinese Premier Li Keqiang, 46 global business groups spanning finance, information technology, insurance and manufacturing urged Beijing to revise its draft cyber rules which they said would hamper trade. Foreign industry groups have made no secret of their concerns over China's draft cyber security law, which in June underwent a second of three parliamentary readings typically required before being adopted.