Are there restrictions on the transfer of technology to China?

Yes, there are restrictions on the transfer of technology to China under the China Business Ventures Law in Maryland. Generally speaking, the law prohibits Maryland companies from providing any technology to China that is not commercially available in the open market. This means that any technology which is proprietary or specifically developed only for China cannot be transferred. Additionally, the law requires Maryland companies to get written authorization from the state government before they can transfer any technology to China. The law also prohibits Maryland companies from providing any assistance to China that would help the country’s weapons or defense systems. Finally, the law requires Maryland companies to report to the state any business ventures with Chinese entities. This includes joint ventures, mergers, and acquisitions. In short, the China Business Ventures Law in Maryland restricts the transfer of technology to China. Maryland companies must follow the law’s rules and seek written authorization from the state government before transferring any technologies. Companies must also report to the state any business ventures with a Chinese entity.

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Are there restrictions on the transfer of technology to China?

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