On June 19, 2007, the Department of Commerce's Bureau of Industry and Security (BIS) published in the Federal Register a final rule revising its export controls for the People's Republic of China. The new rule updates U.S. licensing policy for dual-use exports to China by removing license requirements for exports to trusted customers while imposing new restrictions on a targeted list of items that could enhance China's military capabilities.
See this International Trade Alert for an overview of the challenges and opportunities this new rule may present.
Please see full publication below for more information.