Womble Perspectives
Welcome to Womble Perspectives, where we explore a wide range of topics from the latest legal updates to industry trends to the business of law. Our team of lawyers, professionals and occasional outside guests will take you through the most pressing issues facing businesses today and provide practical and actionable advice to help you navigate the ever-changing legal landscape. With a focus on innovation, collaboration and client service, we are committed to delivering exceptional value to our clients and to the communities we serve.
Womble Perspectives
Escalation of U.S. Crackdown on Chinese Technology and Telecoms: Emerging Issues
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
In recent years, the U.S. has pursued a whole-of-government approach to target Chinese technology and service providers in furtherance of foreign policy and national security objectives. This includes the implementation of sweeping new export control initiatives, domestic restrictions on the use and procurement of Chinese telecommunications equipment and services, targeted economic and trade sanctions designations, heightened foreign direct investment scrutiny, and most recently outbound investment restrictions that seek to curtail investment in Chinese companies associated with certain sensitive and advanced technologies.
This episode summarizes key emerging issues in the U.S.-China regulatory space with respect to technology policy and provides insight into the evolving regulatory compliance obligations for U.S. companies, investors, and government contractors. In particular, the Department of Commerce, Department of Treasury, and Federal Communications Commission have each implemented an array of new regulatory orders and directives that aim to combat and deter China’s global technology influence in order to safeguard significant U.S. national security interests.
Read the full client alert.
About the authors
Alan F. Enslen (bio)
Martin L. Stern (bio)
Julius H. Bodie (bio)
Stephen T. Sharbaugh (bio)