On June 19, 2007, the Department of Commerce's Bureau of Industry and Security (BIS) published in the Federal Register a final rule revising its export controls for the People's Republic of China. The new rule updates U.S. licensing policy for dual-use exports to China by removing license requirements for exports to trusted customers while imposing new restrictions on a targeted list of items that could enhance China's military capabilities.
See this International Trade Alert for an overview of the challenges and opportunities this new rule may present.