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China-US trade war: Beijing escalates tit-for-tat with Washington

Added 11-30-20 10:04:02pm EST - “Beijing has introduced tough new laws which restrict the export of "controlled items".” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “China-US trade war: Beijing escalates tit-for-tat with Washington”. Below is an excerpt from the article.

The rules primarily focus on the export of military technologies and other products that might harm China's national security.

TikTok, Huawei and Tencent are among the casualties of Washington's Chinese technology crackdown.

There are concerns the new regulations, which came into effect on Tuesday, could escalate the ongoing trade war with the US.

Trade tensions between the world's two biggest economies began in 2018 but have ramped up this year.

President Donald Trump's administration has introduced executive orders against a range of Chinese firms arguing they could share data with the Chinese government.

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