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US Export Control Concerns China

By sibananda     Jan 30, 2007 in Business
US plan to ban export of certain technologies to China
because of its huge expenditure in military.
Wang Qinhua,the in charge of Chinas Electronics and
high-Tech Trade Department in ministry of commerce
said the Trade tie between US and China will be damaged seriously if Washington impose ban on
(nearly 47 items)for export to China.He said US
is free for US to invest and research in other countries but US businessmen will be deprived of
the business.
But US spokes person said it will have little impact
It will no doubt hamper the development of China
More about US, Ban, Sophisticated, Technologies, Trade