China's Export Control Law 2020
As a strategy to address the concerns of protecting its national security and interests, China promulgated on 17 October 2020 its new Export Control Law with various export control mechanisms, including a process for imposing reciprocal measures against instances that China views as an abuse of export control measures by foreign governments. It entered into force on 1 December 2020.
While it imposes requirements on anyone who exports controlled goods from China, it also affects importers in Luxembourg and the EU. View: Webinar animated by RespectUs’ CEO Patrick Goergen on 30 June 2021 on “Export Control Law in China – How Luxembourg exporters are affected?”.
Read also RespectUs' detailed 10 step-plan to be compliant with the new Chinese export control law.