Trade: US to boost trade with China (ce.cn) Updated: 2006-06-12 13:49
The United States said it would revise laws to facilitate export of sensitive
high technology equipment to China under a new policy designed to prevent such
products from being used for military purposes. The new policy
will spare the need for US exporters in critical sectors such as semiconductor
equipment and electronics to apply for licenses for sales to companies in China.
It will also ensure closer scrutiny of key technology purchasers in China, a
senior US Department of Commerce official said. (For more biz stories, please visit Industry Updates)
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