China Slams US Over Satellite Trade Controls

Law360, New York (January 7, 2013, 5:19 PM EST) -- The Chinese government on Sunday criticized the U.S. for maintaining a set of export controls on satellites as part of the latest National Defense Authorization Act, saying the measures could discourage collaboration and limit trade between the two countries.

China's Ministry of Commerce said in a statement that it was “highly concerned” and “deeply disappointed” that the NDAA for the 2013 fiscal year kept in place controls on U.S. satellite exports to China. The ministry said the continued export limitations ran counter to a commitment the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.