China passes export control law with potential for rare-earths ban

Legislation empowers government to cast wide net on foreign companies

20201018NY Containers wait to be shipped in China's Dalian port.

Containers wait to be shipped in China's Dalian port. (Photo by Akira Kodaka)

IORI KAWATE, Nikkei staff writer

BEIJING -- China's top legislature on Saturday passed a law on export control, allowing the government to ban exports of strategic materials and advanced technology to specific foreign companies on its equivalent of the U.S. Department of Commerce's Entity List.

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