The new rules come at a time of worsening relations between Washington and Beijing, with trade and tech tensions on the rise. Approval timetable would still be compatible with the Nov 12 deadline set by Trump’s second TikTok executive order, requiring a TikTok sale. — SCMP
Beijing’s new export control list raises the risk of technology protectionism and means greater uncertainty over the sale of TikTok’s US operations as well as more questions for both Chinese companies with overseas businesses and multinationals that create intellectual property in China, experts said on Aug 31.
The Ministry of Commerce and Ministry of Science and Technology on Friday jointly updated a catalogue of technology exports that are banned or restricted amid rising tensions between the US and China over technology and intellectual property. This is the only revision since the list was first published in 2008.
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