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In the News: US Export Restrictions; ChiNext Registration IPO; and New Evidence Rules
May 04, 2020 | BY
Vincent ChowU.S. Commerce Department removes civilian end-use exception for tech exports to China; ChiNext to trial registration-based IPO system following STAR board success; new civil litigation evidence rules take effect amid coronavirus disruption to contracts
U.S. removes civilian-use exception for exports to China
The United States has tightened restrictions on exports of sensitive technology and products to China. On Apr. 28, the U.S. Commerce Department's Bureau of Industry and Security (BIS) published two final rules and one proposed rule, which enlarge the range of products that must be reviewed for national security purposes before they can be exported to China, Russia and Venezuela.
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