China passes export-control law
in response to U.S sanctions
The clash between China and the U.S. continues as Beijing has come up with a framework to better fight back against Washington.
The nation passed a law to restrict exports allowing it to take countermeasures if any country or region abuses its export controls.
According to the country's state media Xinhua news, the law was made for the purpose of (quote) "safeguarding national security and interests”.
This law, passed last Saturday by the country's top legislative body, will take effect starting December 1st.
The new law allows tight controls on the export of military and nuclear products as well as other goods, technologies, and relevant data.
Violation of this law will lead to fines of as much as 746-thousand U.S. dollars, and withdrawal of
export licenses.
This comes as tensions between Washington and Beijing rise as the U.S. had imposed earlier sanctions
on Chinese giant tech firmsincluding Huawei and ByteDance.
While China's existing control list is much narrower than the one used by the U.S., the list could be
further expanded to more products and technologies.
In August, China’s commerce ministry made an amendment that banned or restricted export for technologies such as drones.
Even though the current export-control law is mainly aimed towards the U.S., there are concerns that it could cause a so-called "secondary sanction", posing a threat to companies in other countries as well.
Bae Eun-ji, Arirang News.
Reporter : ejbae@arirang.com
export : 수출 sanctions : 허가,승인 countermeasures : 대책 purpose : 목적 Violation : 위반 |
전화영어로 영어회화를 마스터하자에서 전화영어회화
수업시 토픽으로 사용되는 영자신문입니다.해당토픽은 강사님이
근무시간중에 웹서핑을 통하여 만드는것으로 전화영어
수업시작전에 반드시 읽고 주어진 질문에 답변을 준비해서 전화영어수업에 임하면됩니다.
보고있는 전화영어 영자신문토픽은 카페회원님들의 학습에 도움을 주기위해서 강사님이 회원님들에게
올려주시는 전화영어 토픽중 하나를 선택하여 올려드리는것입니다.
전화영어로 영어회화를 마스터하자.토익스피킹.토익.화상영어.전화영어회화.전화영어.영자신문.
전화영어로 영어회화를 마스터하자 (http://cafe.daum.net/EngPhone)