- China Plans to Create a Technology Security Management System
According to new reports,China plans to create a new system to reduce threats to national security related to technology, according to the official Xinhua News Agency, as trade tensions between the world’s two largest economies escalate.
The National Development and Reform Commission has been tasked with setting up the list system which aims to “more effectively forestall and defuse national security risks,” Xinhua reported on Saturday. Details on the measures will be provided in the near future, according to the news agency.
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The development comes after the U.S. government moved to curb Huawei Technologies Co.’s ability to sell equipment in the U.S. and buy parts from suppliers there, potentially crippling one of China’s most successful global companies. That step has helped broaden the tariff war into a wider confrontation between China and the U.S., at a time when negotiations between the two sides have broken down.
— With assistance by Lucille Liu