Loading...
Market
Will China's drone exports significantly reduce by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official Chinese trade statistics and reports from the Ministry of Commerce
Story
China Announces New Drone Export Restrictions Effective September Amid Criticism
Jul 31, 2024, 11:15 AM
China has announced new restrictions on the export of drones and related equipment, effective from September. The Ministry of Commerce stated that the measures are intended to prevent the use of drones in mass destruction, terrorism, and other non-peaceful purposes. The restrictions will apply to both military and civilian drones, including those not previously covered by export control measures. China will also punish drone exporters who violate these restrictions. This move comes amid growing criticism from the US and its allies, who accuse China of supporting Russia's military efforts in Ukraine. The new regulations are part of China's broader strategy to safeguard national security and maintain its competitive edge in drone technology.
View original story
Similar markets
Yes • 50%
No • 50%
Significant decline in exports • 25%
Moderate decline in exports • 25%
No significant change in exports • 25%
Increase in exports • 25%
China's market share increases • 25%
China's market share decreases • 25%
China's market share remains the same • 25%
Inconclusive data • 25%
United States • 25%
European Union • 25%
India • 25%
Other • 25%
Yes • 50%
No • 50%
Compliance with new regulations • 25%
Relocation of production facilities • 25%
Lobbying against the regulations • 25%
Other responses • 25%
Sanctions • 33%
Diplomatic actions • 33%
No significant response • 33%
Significant Positive Impact • 25%
Moderate Positive Impact • 25%
No Significant Impact • 25%
Negative Impact • 25%
Increase by more than 10% • 25%
Decrease by more than 10% • 25%
Change within +/- 10% • 25%
Inconclusive data • 25%
Yes • 50%
No • 50%