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.

In what ways might foreign invested companies be affected by China's new regulations?

What are the potential countermeasures China might implement in response to US pressure on its companies?