BUSINESS
The US bans the export of dual-use technology to Hong Kong - Economo
BUSINESS

The US bans the export of dual-use technology to Hong Kong - Economo

Published: June 30, 2020  |  4 min read, 789 words
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The administration of US President Donald Trump is hampering the export of sensitive technology to Hong Kong after Beijing approved the controversial security bill.In a statement, US Commerce Secretary Wilbur Ross said security legislation approved by China’s top legislature on Tuesday raised concerns about the transfer of key technologies. The US Department of Commerce is suspending regulations allowing Hong Kong special treatment for these technologies.“Once the Chinese Communist Party imposes security laws on Hong Kong, the risk that sensitive US technology will be targeted at the... READ MORE
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