China passes a new export control law, in effect from Dec. 1 Follow Oct 18, 2020 · 1 min read
China passes a new export control law, in effect from Dec. 1
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China passed another law to confine touchy fares to ensure public security, helping Beijing gain correspondence against U.S. as tech strains mount.

The nation’s top authoritative body, the National People’s Congress Standing Committee, embraced the measure on Saturday that applies to all organizations in China, including unfamiliar contributed ones. The law will be powerful Dec. 1.

Souring ties among China and the U.S. had driven Washington to make a move against a few Chinese organizations including Huawei Technologies Co., ByteDance Ltd’s. TikTok application, Tencent Holdings Ltd’s. WeChat and Semiconductor Manufacturing International Corp. The new law gives a structure to Beijing to all the more likely retaliate.

While its current control list is much smaller than the one utilized by the U.S., the nation’s business service made an alteration in August that included innovation, for example, calculations and robots. The rundown could be additionally extended to incorporate considerably more items and advances.

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