UK Government Blocks University from Licensing Vision-Sensing Technology to Chinese Company
Last week, the UK Department for Business, Energy & Industrial Strategy published a notice of final order that, based on national security concerns, blocked a Chinese company from licensing vision sensing technology from a UK university.
CTM Weekly Newsletter
This past week, CTM covered the following issues.
In China:
* Fine on Didi for data use and security violations
* Cross-border penalty on a Malaysian subsidiary for financial fraud
* Extension of anti-dumping duties on synthetic fibers
* Allowing peanut imports from Brazil
In the United States:
* New 5G network agreements
EU One Step Closer to Finalizing Another Tool to Counter Chinese Subsidies
Last month, the Council of the European Union and the European Parliament reached an agreement on an EU regulation on foreign subsidies that distort the internal EU market. The regulation still needs to be formally adopted by the European Council and the Parliament before it takes effect, but the substance
Didi Fined Over 1 Billion USD for Data Violations
After a year long investigation, the Chinese cyber regulator announced a fine of over 1 billion US dollars on ride-hailing company Didi for violating laws on cybersecurity, data security and personal information protection. This marks the end of China's first cybersecurity review.
China Sets Out Details for Importing Brazilian Peanuts
China's Customs announced that it is now allowing imports of peanuts from Brazil, effective immediately.
Congressional Hearing with BIS Under Secretary Addresses Russia Sanctions, Touches on China Issues
At a recent Congressional hearing, a senior Bureau of Industry and Security (BIS) official testified and answered questions on a number of issues related to China's compliance with U.S. sanctions and its access to U.S. technology.
House Defense Bill Amendment Adds Reporting Requirements for Chinese Investment Firms Raising Capital in the U.S.
Last week, the U.S. House of Representatives voted to adopt an amendment led by Congressman Brad Sherman (D-CA) as part of the annual defense bill, which would require that "China-based issuers of certain unregistered securities provide basic information about themselves to the U.S. Securities and