China criticises US regulation on high technology export

Beijing has criticised an amended US regulation that has put restrictions on high-technology exports to China.

New Delhi, June 20 : Beijing has criticised an amended US regulation that has put restrictions on high-technology exports to China.

Chinese Commerce Ministry spokesperson Yao Shenhong said that Washington has set aside China's efforts to further increase imports from the US. This would hamper the two-way trade between the two countries, he added.

"The new regulation increases the costs for Chinese firms involved in high-technology trade and hurt their confidence in conducting trade with the US," the China Daily quoted Yao, as saying.

On June 15, the US Commerce Department's Bureau of Industry and Security (BIS) announced significant changes to US dual-use export licensing policy for certain high-technology exports to China

"This new rule strikes the right balance in our complex relationship with China," said Commerce Secretary Carlos M. Gutierrez.

"It is a common-sense approach that will make it easier for U.S. companies to sell to pre-screened civilian customers in China, while at the same time denying access to U.S. technology that would contribute to China's military," he added.

Items subject to the new military end-use control include aircraft and aircraft engines, avionics and inertial navigation systems, lasers, depleted uranium, underwater cameras and propulsion systems, certain composite materials, and some telecommunications equipment for space communications or air defence.

ANI