Saturday 25 September 2021
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scmp - 16 days ago

US penalties for technology sales to China have soared this year, Commerce Department official says

Punitive actions taken by the US for the sale of sensitive technology to China have soared this year as the scope of targeted products and blacklisted entities has grown and agencies policing such transactions have expanded their reach, a Commerce Department official said on Wednesday.Investigations by the department’s Bureau of Industry and Security (BIS) into China-related transactions have resulted in 226 months of prison time, US$1,858,000 in criminal fines, and US$4,048,000 in civil…


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