Taiwan Seeking More Oversight Over Potential Tech Transfers to China
Taiwan’s government will soon require companies to seek approval before they sell their assets, plants or subsidiaries in China to Chinese counterparts or other local buyers, a move that could create more oversight over transfers of sensitive technologies, the Financial…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Times reported Dec. 21. The new regulation, which is expected to take effect by early January, is designed to protect Taiwan’s semiconductor technologies, the report said. But some tech industry executives fear the restrictions could be too broad and “hinder overall future technology advancement.”