BEIJING (AP) — China has passed a new law restricting sensitive exports to protect national security, allowing Beijing to reciprocate against the U.S. as tensions mount between the sides over trade and technology.
The law, which will apply to all companies in China, was passed Saturday by the National People’s Congress Standing Committee and will take effect on Dec. 1.
Under the law, China can take “reciprocal measures” toward countries or regions that abuse export controls and threaten its national security and interests.
Export controls under the law will apply to civilian, military and nuclear products, as well as goods, technologies and services related to national security. A list of controlled items will be published “in a timely manner” in conjunction with relevant departments, according to the law.
To read the full article, click here