A reaction to the perceived China threat, a new U.S. regulation is to prevent China’s military from acquiring U.S. technology. From Reuters via The Washington Post:
The United States is imposing new export controls on high-tech goods ranging from aircraft to space communication systems that could be used by China’s rapidly expanding military, the U.S. Commerce Department said on Friday.
The new regulation, which takes effect on Tuesday, also creates a “trusted customer” program that will allow approved companies in China to import certain high-tech goods without having to get an individual license, the department said. [Full Text]
