Sunday , October 25 2020
China restricts sensitive exports - DER SPIEGEL

China restricts sensitive exports – DER SPIEGEL

China has passed a law to restrict sensitive exports for national security reasons. State television said the law applies to all companies in China – including foreign ones.

Technology that is on a corresponding list is therefore affected. Observers see it as an instrument for possible counter-actions by Beijing after the US sanctions against several Chinese companies such as Huawei and Tiktok.

In a report the Chinese news agency Xinhua said the law made it possible ChinaTo take countermeasures against a country that "abuses export restrictions and thereby harms China's national security and interests."

Technology such as algorithms or drones affected

The Chinese list of goods for export restrictions is much shorter than that of the USA, said the Ministry of Commerce according to Bloomberg already in August. On top of it would be technology like algorithms or drones. The list can, however, be expanded at will.

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