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China passed a law restricting sensitive exports for national security reasons. State television said the law applies to all companies in China, including foreign ones.
Therefore, technology that is on a corresponding list is affected. Observers see this as an instrument for possible counterattacks by Beijing following the US sanctions against various Chinese companies such as Huawei and Tiktok.
A report by the Chinese news agency Xinhua said the law allows China to take countermeasures against a country that “abuses export restrictions and thereby damages China’s national interests and security.”
Technology such as algorithms or drones affected
According to Bloomberg, the Chinese Ministry of Commerce announced in August that the Chinese list of products subject to export restrictions is much shorter than that of the US In addition, there would be technology such as algorithms or drones. However, the list can be expanded at will.
