The House approved several export control-related bills late Sept. 9, including the Remote Access Security Act, which is designed to close a loophole that has allowed China to use cloud service providers to access advanced U.S. computing chips remotely (see 2409040046).
Exports to China
Sean Stein, former U.S. consul general in Shanghai and chairman of the American Chamber of Commerce in China, will replace retiring U.S.-China Business Council President Craig Allen, the council announced Sept. 10. Stein, who also is a senior adviser with Covington, will take over as president in November. He brings “the policy and business expertise, experience, and gravitas needed to lead the council forward at a time of great complexity in the US-China relationship,” said Raj Subramaniam, USCBC board chair and FedEx CEO.
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The Netherlands last week said it expanded its export controls on advanced semiconductor manufacturing tools, imposing new license requirements on certain deep ultraviolet lithography equipment that can be used to make high-end chips. The new control, effective Sept. 7, is meant to restrict equipment that can be used to make chips with “advanced military applications,” the Dutch government said, which “has implications for the Netherlands’ security interests.”
The House passed a bill Sept. 9 that would cut off top Chinese leaders and their family members from the U.S. financial system if China takes military action against Taiwan.
The Georgia Institute of Technology is severing ties with China-based Tianjin University, a school added to the Bureau of Industry and Secuirty’s Entity List in 2020, saying Tianjin’s placement on the list has made their relationship “no longer tenable.”
The EU needs to strengthen its foreign investment screening rules and develop a new strategy to shore up its supply of critical raw materials, which will help shield EU countries from economic coercion, the European Commission said in a new report.
Export controls, sanctions and investment screenings remain among the top challenges faced by U.S. companies doing business in China, according to an annual member survey released by the U.S.-China Business Council on Sept. 6.
The U.S. government should fund the creation of a web-based platform to catalog Chinese research institutions that violate norms of transparency and integrity, according to a new report by the U.S.-based Center for Research Security & Integrity.
China is beginning a review of its antidumping duties on imports of phenol from the U.S., the EU, South Korea, Japan and Thailand, but it will not review AD on phenol from the U.K., China’s Ministry of Commerce said Sept. 5, according to an unofficial translation. The ministry is accepting public comments within 20 days of Sept. 5 and said it plans to make a decision before Sept. 6, 2025. The current duties, in place since 2019, range from 244.3% to 287.2% for American companies, 30.4% for EU companies, 12.5% to 23.7% for South Korean companies, 19.3% to 27% for Japanese companies, and 10.6% to 28.6% for Thai companies. The ministry said no Chinese company requested that the AD be renewed for the U.K. China said phenol is an “important organic chemical raw material” used in synthetic fibers and for other industrial purposes.