China's expanded export controls pose fresh challenge to global tech industry

  • 📰 Reuters
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The latest additions to China's list of controlled 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.

SHANGHAI - The latest additions to China’s list of controlled 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 move was initially seen as a means of giving Beijing a say in any sale of video app TikTok, but advisers to Chinese and foreign firms say the potential consequences go much further. The revisions could also affect a bevy of multi-national companies that conduct research and development inside China, adds Nicolas Bahmanyar, cybersecurity senior consultant at LEAF law firm in Beijing.

Lawyers that have looked closely at the changes say their broad scope means they could hit a wide range of companies across different business sectors. “In general it will impact Chinese companies’ overseas businesses, mainly involving those that provide cross-border services,” said Raymond Wang, managing partner at Beijing law firm Anli Partners.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Other news. Chin chin first xhin before england

From where will US and West meet skilled resource? Import of labour will reduce whites to a minority - Canada, Oz will fall first. It will also render whites unemployable in wake of competition from a more skilled, more slavish and cheap labour.

To many pro-Americans, you don't worship America, you worship power. You love how America do everything and anything and in the meantime sanction other countries for this and that

BaldingsWorld

??Isn't it the US that carried out control over Chinese product in the first place? 🤔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines