Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

China Adds New Export Restrictions
Published on: 2020-10-21
Share to
User Rating: / 0
PoorBest 

export 01China has passed a new law restricting sensitive exports to protect national security, a move that adds to policy tools it could wield against the US as tensions -- especially in technology -- continue to rise.

The law, which China's top legislature passed on Saturday, comes into effect on December 1 and allows Beijing to "take reciprocal measures" against countries that abuse export controls and pose a threat to national security.

Technical data related to items covered will also be subject to export controls, according to the published text of the law.

The new law takes effect in December and allows Beijing to take reciprocal measures against countries that abuse export controls and pose a threat to national securityThe new law takes effect in December and allows Beijing to take reciprocal measures against countries that abuse export controls and pose a threat to national security

Beijing's latest measure gives it more room to hit back in US President Donald Trump's war on Chinese tech firms, with the White House moving against popular platforms and major companies -- including apps TikTok and WeChat, tech giant Huawei and chipmaker Semiconductor Manufacturing International Corp.

The new law, "formulated to safeguard national security and interests", adds to China's regulatory toolkit which also involves a restriction catalogue of tech exports and an unreliable entity list.

"Where any country or region abuses export control measures to endanger the national security and interests of the People's Republic of China, (it) may take reciprocal measures," the law states.

It adds that Chinese authorities will formulate and adjust an export control list of items to be published in a "timely manner".

Foreign individuals and groups can also be found liable for violating export control rules.

The economic relationship between Beijing and Washington has been roiled by Trump's unprecedented campaign of tariffs, threats of bans and sanctions on Chinese tech firms.

中国通过出口管制法,12月1日施行

本月17日,我国出台的出口管制法经过表决之后正式通过,同时将会于今年的12月1日起施行。

在这项刚刚通过的法律中的内容中显示,任何国家或者地区滥用出口管制措施危害我国家安全和利益的,我国可以根据实际情况对该国家或者地区对等采取措施。这份出口管制法的出台,也意味着此后其他国家通过出口管制方面针对我国进行限制,为了保证自身的合法利益必定会展开相应的措施对其进行回应。

Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2024 BusinessTianjin.com. All rights reserved.