Market Flux Event
China Expands Export Controls to Cover New Drones, Tunnel Boring Machines and Dredger Components
Read this in the Market Flux appChina's Ministry of Commerce announced a new round of export controls on Monday covering additional categories of drones, drone parts and technologies, components of dredgers including mud pumps and cutterheads, and tunnel boring machines, a category not previously subject to such restrictions. The measures take effect on November 18, giving exporters roughly a month to adjust.
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Sources
- FinancialjuiceChina Commerce Ministry announces further optimizing export control concerns and identification work for dual-use items
- FirstSquawkCHINA COMMERCE MINISTRY ANNOUNCES FURTHER OPTIMIZING EXPORT CONTROL CONCERNS AND IDENTIFICATION WORK FOR DUAL-USE ITEMS
- Sino_MarketChina's MOFCOM and CUSTOMS will further optimize procedures for screening and identifying export-control queries on dual-use items. ( )
- KalshiJUST IN: China is set to place "export control" on drones
- BusinessChina is imposing export controls on more drones and machinery, as the world’s second-biggest economy flexes its industrial muscles.