 "Xi Jinping")
China passed a new law to restrict sensitive exports to protect national security, helping Beijing gain reciprocity against U.S. as tech tensions mount.
The country’s top legislative body, the National People’s Congress Standing Committee, adopted the measure on Saturday that applies to all companies in China, including foreign-invested ones. The law will be effective Dec. 1.
Souring ties between China and the U.S. had led Washington to take action against several Chinese companies including Huawei Technologies Co., ByteDance Ltd.’s TikTok app, Tencent Holdings Ltd.’s WeChat and Semiconductor Manufacturing International Corp. The new law provides a framework for Beijing to better
