CHINA PASSES NEW LAW TO RESTRICT SENSITIVE EXPORTS

Beijing: 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.

Input- The New Indian Express

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