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Home>>World>>China passes new export-control law restricting sensitive exports, following US move
World

China passes new export-control law restricting sensitive exports, following US move

international media news
October 19, 2020 167 Views0

China passed a law restricting exports of controlled items, allowing the government to act against countries that abuse export controls in a way that harm`s China`s interests, state media said.

The Xinhua news report late on Saturday did not name any target countries, but the United States last month angered Beijing with curbs on exports to Semiconductor Manufacturing International Corp, China`s biggest chipmaker, and it has taken various steps against Huawei Technologies Co and other companies.

China passed a law restricting exports of controlled items, allowing the government to act against countries that abuse export controls in a way that harm`s China`s interests, state media said.

The Xinhua news report late on Saturday did not name any target countries, but the United States last month angered Beijing with curbs on exports to Semiconductor Manufacturing International Corp, China`s biggest chipmaker, and it has taken various steps against Huawei Technologies Co and other companies.

Controlled items include military and nuclear products, as well as other goods, technologies and services and relevant data, according to a statement on the National People`s Congress website.

It said the law was “formulated for the purpose of safeguarding national security and interests.”

In August, China`s commerce ministry issued a revised list of technologies that are banned or restricted for export

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