Vietnam adopted new dual-use export control regulations Oct. 10, setting rules for the "management of export, temporary import for re-export, transshipment" and "transit of strategic commercial goods," according to an unofficial translation. The regulations outline export licensing procedures for shipments of controlled items and say exporters moving those goods are "encouraged to develop and implement an Internal Compliance Program," including procedures for reviewing end users and uses, training employees and keeping records.
House Select Committee on China Chairman John Moolenaar, R-Mich., said Oct. 16 that he welcomes Senate passage of a bill last week to restrict U.S. outbound investment in China.
China's Foreign Ministry this week objected to the Netherlands' takeover of Chinese-owned semiconductor firm Nexperia, saying China "opposes overstretching the concept of national security and discriminatory moves against companies in certain countries." According to an unofficial translation, a ministry spokesperson said during an Oct. 15 press conference that "the relevant country should abide by market principles and refrain from politicizing trade issues. China is firmly resolved in safeguarding its legitimate and lawful rights and interests."
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The U.S. is drafting a new set of export controls to use against China if Beijing follows through on its rules to restrict overseas exports that contain certain levels of Chinese-origin material (see 2510090021), senior administration officials said Oct. 15 during a press conference. They also said they're working to coordinate a response with allies.
Sen. Tom Cotton, R-Ark., urged the Commerce Department this week to investigate allegations that Singapore-based data center company Megaspeed helped Chinese firms evade U.S. export controls on sensitive Nvidia chips.
President Donald Trump, on his way to Israel, softened his message on tariffs on Chinese goods. When asked if imposing those tariffs was still the plan, he said, "Right now it is. Let's see what happens. November 1st is an eternity."
The Dutch government’s seizure of semiconductor firm Nexperia came amid U.S. pressure for the Netherlands to intervene in the company’s affairs, court records show. The U.S., in conversation with the Netherlands, cited the firm’s Chinese ownership and the fact that it was set to soon be captured by Entity List restrictions, including those under the Bureau of Industry and Security’s new 50% rule.
The Senate approved by voice vote late on Oct. 9 an amendment to the FY 2026 National Defense Authorization Act (NDAA) that would restrict U.S. outbound investment in China.
The Commerce Department is investigating Singapore-based data center company Megaspeed for potentially helping Chinese companies evade U.S. export controls on sensitive Nvidia chips, The New York Times reported last week. Megaspeed is reportedly poised to buy $2 billion of Nvidia AI technology over the next year, and the Commerce probe is looking into whether it has been indirectly funneling some of those chips to China, including to data centers in Malaysia and Indonesia that appear to be remotely serving Chinese customers. "U.S. officials have also been scrutinizing whether Megaspeed diverted some of those chips on to China, in violation of U.S. law," the report said.