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US Reportedly Plans Software Export Bans to CN
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The US government is mulling software export bans to Beijing similar to those imposed on Russia following the outbreak of the Russia-Ukraine war, if China enacts the latest round of rare earth export restrictions, Reuters reported on Wednesday. Internal discussions within the US government are ongoing about whether to prohibit a wide range of US technology software exports to China, sources divulged. The report did not specify the details of the measures or the implementation timeline, but the US has in recent years restricted the export of enterprise resource planning (ERP), customer relationship management (CRM), and computer-aided design (CAD) software to Russia. AASTOCKS Financial News Website: www.aastocks.com |
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