China enforces export control law to counter U.S. moves amid tensions

China on Tuesday enforced a new law aimed at prohibiting exports of the country’s state-of-the-art technologies and products that could be diverted to military use, in the latest move that would fuel tensions with the United States.The law, enacted in October, is apparently designed to target the United States, which has been trying to exclude China from the global trade network with the world’s two major powers at odds over several issues including business practices, Taiwan and Hong Kong.Concerns are also growing that the law would affect companies of other nations, such as Japan, given that…

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