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China passes law to safeguard national security, sensitive tech
Why is it in news?
- China has passed a new law restricting sensitive exports to protect national security.
Details:
- It is formulated to safeguard national security and interests which adds to China’s regulatory toolkit which also involves a restriction catalogue of tech exports and an unreliable entity list.
- It allows Beijing to take reciprocal measures against countries that abuse export controls and pose a threat to national security.
- It is particularly seen as targeting against USA.