China's expanded export ban poses fresh challenge to global tech industry

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SHANGHAI (REUTERS) - The latest additions to China's list of banned technology exports could upset a broad range of industries and raise the possibility that some global tech giants might have to split off their Chinese operations, legal experts said.. Read more at straitstimes.com.

SHANGHAI - The latest additions to China's list of banned technology exports could upset a broad range of industries and raise the possibility that some global tech giants might have to split off their Chinese operations, legal experts said.

"The rules were a surprise to many in the market, and there is a lot of tension in the tech space at the moment," said Mr Alex Roberts, a corporate counsel at the Shanghai office of law firm Linklaters. "It's very probable that a company with R&D centres in China are going to face a choice - keep their R&D centre in China, just for China, or leave China so they can use the tech they develop anywhere in the world," he said.

They could change the thinking of companies such as Microsoft, consumer drone manufacturer SZ DJI Technology Co Ltd, video streaming service Zoom Video Communications, and Tencent Holdings, which exports games worldwide and has a fast-growing overseas cloud-service business.

 

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