China to tighten exit-and-entry rules from September 15 over technology security risks
- China will enforce new exit-and-entry rules from 15 September, restricting travel over technology security risks.
- The move follows Beijing blocking Meta's $2-billion bid for Chinese AI startup Manus on national security grounds.
- Citizens violating tech import-export controls, or harming China's interests abroad, may face bans of six months to three years.
- The rules add to existing capital controls, including a $50,000 annual foreign-exchange limit, amid a $1.2-trillion trade surplus.
Source: ianslive.in
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