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Japan’s parliament handed an financial safety invoice Wednesday geared toward guarding expertise and reinforcing crucial provide chains, whereas additionally imposing tighter oversight of Japanese corporations working in delicate sectors or crucial infrastructure.
Measures within the laws, which is primarily geared toward keeping off dangers from China, will probably be applied over two years as soon as it’s enacted, in accordance with the invoice. It comes after america imposed restrictions on expertise imports, similar to on semiconductors, amid rising pressure with Beijing.
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