New China Law Restricts Exports of Sensitive Technologies
by Stephen Lendman (stephenlendman.org - Home - Stephen Lendman)
Hardliners from both right wings of the US one-party state consider nonbelligerent China public enemy No. One.
The Trump regime blacklisted scores of Chinese enterprises from the US market, notably tech and communications ones, the Commerce Department falsely saying:
These firms act "contrary to the national security or foreign policy interests of the United States."
The false claim is code language wanting corporate America to have a leg up on Chinese competition in world trade.
Blacklisted companies on the so-called Commerce Department's Entity List are prohibited from purchasing US technology without Washington's permission — what's being increasingly denied.
Beijing earlier vowed to retaliate. On Saturday, its Standing Committee of the 13th National People's Congress (NPC) — China's top legislative body —passed legislation that restricts exports of national secuity-sensitive goods and services.
Proposed in June, its details not released so far, the new Export Control Law comes in response to US war on China by other means, the measure to be effective on December 1.
Reportedly, exports of source codes and algorithms are restricted, according to China's Legal Daily.
People's Congress delegate Zhang Yesui said the measure will strengthen protections for key Chinese technologies, including cutting edge mobile Internet use 5G technology and quantum communications.
Hostile US actions against China's tech giant Huawei, its largest chip maker Semiconductor Manufacturing International Corporation (SMIC), TikTok, WeChat, and many other enterprises demanded a tough response.
According to Xinhua, the new measure calls for acting proportionately against foreign export control abuses that endanger China's national security and other vital interests — notably by the US.
China's Ministry of Commerce's International Market Research Institute deputy director Bai Ming said the new law will be used against any foreign country that acts unfairly in bilateral relations.
More on the measure when details on what it covers are released.
A Final Comment
On Friday, China's Foreign Minister Wang Yi said economic cooperation between China and the Association of Southeast Asian Nations (ASEAN) is strong and resilient, with significant potential for greater growth.
"China will promote high-quality development and build a new system of an open economy of a higher level," said Wang, adding:
"The scale of the domestic market will be further expanded."
"The combination of the domestic and international markets will be closer."
"There will be more room for cooperation between other countries and China."
Cooperatively with other regional nations, Beijing is working on developing an upgraded ASEAN Free Trade Area protocol and Regional Comprehensive Economic Partnership, Wang explained.
He also said that China is the first major regional country to become part of the Treaty of Amity and Cooperation in Southeast Asia, and to establish a free trade zone with ASEAN.
Strong Sino/ASEAN ties promote regional economic growth and stability, he stressed.
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