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China passes export-control law following U.S. moves

From reuters.com

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 0981.HK, China's biggest chipmaker, and it has taken various steps against Huawei Technologies Co and other companies.China and the United States have clashed over issues including trade, human rights, technology and the new ... (full story)

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  • Category: Fundamental Analysis