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Aparna
Aparna

Aparna

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Aparna
Asked: October 24, 20212021-10-24T19:23:36+05:30 2021-10-24T19:23:36+05:30In: GENERAL

Describe China Passes Export Law to Protect National Security, Technology.

Describe China Passes Export Law to Protect National Security, Technology.

current affairsinternational relations
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      [Deleted User]
      2021-11-21T22:49:04+05:30Added an answer on November 21, 2021 at 10:49 pm

      Context:

      China has passed a new law restricting sensitive exports to protect national security, a move that adds to policy tools it could wield against the US as tensions — especially in technology — continue to rise.

      The Law state

      • The law comes into effect on  1 December.
      • It allows Beijing to “take reciprocal measures” against countries that abuse export controls and pose a threat to national security.
      • Applicability: Export controls under the law will apply to civilian, military, and nuclear products, as well as goods, technologies, and services related to national security.
        • Chinese authorities will formulate and adjust an export control list of items to be published in a “timely manner”.

      Implications for India

      • India has an extradition treaty with Hong Kong in the form of the 1997 Surrender of Fugitives Offenders treaty.
        • Hong Kong is home to a large Indian community, as well as many y Indian professionals who work in the service industry, banking and finance, and shipping.

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