China has proposed new rules allowing regime authorities to restrict foreign companies and individuals they accuse of stealing Chinese trade secrets, including through trade bans, investment restrictions, and limits on entry into the country.
Analysts told The Epoch Times that Beijing’s move is intended partly as a response to Washington’s recent sanctions and as a way to gain leverage in negotiations, while giving the regime greater power to use national security arguments in technology disputes.
The draft regulation, released by China’s Ministry of Commerce on Oct. 26, comes days after the United States sanctioned five Chinese companies over alleged theft of American trade secrets. …