Open-source intelligence software firm WireScreen said it has identified more than 20,000 Chinese entities that are subject to U.S. export restrictions as a result of the Bureau of Industry and Security's 50% rule, released last month (see 2510030041 and 2509290017).
The EU should expand export controls over advanced technology and impose new tariffs against China to counter Beijing’s sweeping export curbs on rare earths (see 2510090021), a major European think tank said this week.
President Donald Trump told reporters that unless China stops fentanyl shipments, resumes buying U.S. soybeans and stops playing "the rare earth game with us," he won't lower tariffs.
U.S. export controls on design technology for advanced computing chips have spurred China to speed up pursuing its own capabilities, according to a new report by the Center for Strategic and International Studies.
The EU continued to largely approve most foreign direct investment deals submitted to its investment review cooperation mechanism, the European Commission said in its annual report on FDI, released this week.
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.