All companies going global need to think about whether they are compliant, especially if executives are handling negotiations abroad, said Shuai Peng, CEO of Lex Magister, a platform connecting Chinese businesses and lawyers internationally.
While semiconductor and artificial intelligence companies are most impacted, the new rules cover all industries, as reflected in lists such as the Commerce Ministry’s export controls, Peng said. He doesn’t expect much restriction on the ability of businesses to participate in international conferences such as the annual Consumer Electronics Show in Las Vegas.