China Lawmakers Pass Export Control Law to Protect Tech

The transcript discusses China's strategic leverage in response to US measures, highlighting the implications for future deals similar to the TikTok-Oracle type. It covers China's assertion of control over algorithm exports, a policy signed by the National People's Congress, affecting both Chinese and foreign companies. The discussion also touches on the US pressure on companies like Huawei and Tencent, and how China might respond with countermeasures.

What is one of the main reasons China has gained leverage in response to US actions?

• Ability to implement reciprocal measures

• Expansion of military capabilities

• Development of new technologies

• Increased economic growth

How did China assert its rights in the TikTok and ByteDance discussions?

• By banning US companies

• By increasing tariffs on US goods

• By introducing export rules for algorithms

• By acquiring TikTok

What was the role of China's National People's Congress in recent legislative actions?

• They negotiated with the US

• They reduced tariffs on imports

• They imposed sanctions on foreign companies

• They signed off on new export rules

Which companies are likely to be affected by the new rules signed by China's National People's Congress?

• Only Chinese companies

• Only technology companies

• Only US companies

• Both Chinese and foreign-invested companies

What is a potential outcome of China's new legislative measures in response to US pressures?

• Reduction in international trade

• Increased collaboration with the US

• Stronger enforcement of in-house laws

• Expansion of China's military presence