Connect with us

Asia

China passes export-control legislation following US strikes – NEWPAPER24

Published

on

advertising

China passes export-control legislation following US strikes

2020-10-18 06:40:36

advertising

China handed a legislation proscribing exports of managed objects, permitting the federal government to behave in opposition to international locations that abuse export controls in a manner that hurt’s China’s pursuits, state media stated.

FILE PHOTO: A Chinese language nationwide flag is seen at a port in Beihai, Guangxi province, China June 17, 2017. Image taken June 17, 2017. Newpaper24/Stringer

SHANGHAI: China handed a legislation proscribing exports of managed objects, permitting the federal government to behave in opposition to international locations that abuse export controls in a manner that hurt’s China’s pursuits, state media stated.

The Xinhua information report late on Saturday didn’t title any goal international locations, however the US final month angered Beijing with curbs on exports to Semiconductor Manufacturing Worldwide Corp , China’s largest chipmaker, and it has taken numerous steps in opposition to Huawei Applied sciences Co and different firms.

China and the US have clashed over points together with commerce, human rights, expertise and the brand new coronavirus, which was first detected in China.

The brand new Chinese language legislation, handed on Saturday by the Nationwide Individuals‘s Congress Standing Committee, the nation’s high legislative physique, will take impact on Dec. 1, Xinhua stated.

Managed objects embody navy and nuclear merchandise, in addition to different items, applied sciences and companies and related knowledge, in accordance with an announcement on the Nationwide Individuals‘s Congress web site.

It stated the legislation was “formulated for the aim of safeguarding nationwide safety and pursuits.”

In August, China’s commerce ministry issued a revised checklist of applied sciences which can be banned or restricted for export.

(Reporting by Emily Chow; Modifying by William Mallard)

advertising

advertising

More hot News

Select Category

PAY NOW WITH PAYPAL

PAY CONTENT CONTRIBUTIONS AND BANNER ADVERTISEMENTS HERE

GET ALL NEWS FOR FREE

Get all news by mail for free, register now for free.

FREE Horoscope