Escalation of U.S. Crackdown on Chinese Technology and Telecoms: Emerging Issues

0 Views· 09/16/23
Womble Perspectives
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In recent years, the U.S. has pursued a whole-of-government approach to target Chinese technology and service providers in furtherance of foreign policy and national security objectives.  This includes the implementation of sweeping new export control initiatives, domestic restrictions on the use and procurement of Chinese telecommunications equipment and services, targeted economic and trade sanctions designations, heightened foreign direct investment scrutiny, and most recently outbound investment restrictions that seek to curtail investment in Chinese companies associated with certain sensitive and advanced technologies. This episode summarizes key emerging issues in the U.S.-China regulatory space with respect to technology policy and provides insight into the evolving regulatory compliance obligations for U.S. companies, investors, and government contractors.  In particular, the Department of Commerce, Department of Treasury, and Federal Communications Commission have each implemented an array of new regulatory orders and directives that aim to combat and deter China’s global technology influence in order to safeguard significant U.S. national security interests.  <br/><br/>Read the full client alert.<br/><br/>About the authors<br/>Alan F. Enslen (bio)<br/>Martin L. Stern (bio)<br/>Julius H. Bodie (bio)<br/>Stephen T. Sharbaugh (bio)

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