Since July 1, 2024, Beijing has enforced new export controls on aerospace equipment, engines, and materials for bulletproof vests, affecting $8 billion in exports from earlier this year. These measures aim to manage sensitive technology exports for national security, aligning with international obligations. This development unfolds amidst escalating geopolitical tensions and reciprocal trade restrictions.


The United States has already imposed similar controls on Chinese firms, focusing on semiconductor technology and other critical sectors vital for military and intelligence operations. Globally, nations are increasingly safeguarding technological and national security interests amid heightened international competition. Stay informed on the latest global economic developments and geopolitical shifts by subscribing to our channel.

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