CvT: China Ups the Ante with New Export Control Regime
This month, China’s first comprehensive export control regime, the Export Control Law (ECL) came into force. Despite the geopolitical context, the ECL will likely have a limited impact on foreign companies compared to EAR, and do little in the future to prevent the US from acquiring or domestically developing any technological capabilities of Chinese origin. However, it offers useful insight into the strategic use of export controls in an age when national security encompasses broad economic interests and coalition-building has become increasingly difficult for the reigning hegemon.
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