The U.S. is likely to continue using export controls, investment restrictions and other economic policy tools against China this year, particularly as the upcoming presidential election draws closer, trade and economic policy experts said this week.
Exports to China
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Sen. Jon Tester, D-Mont., urged USDA and the Treasury Department to review how Chinese businessman Chen Tianqiao was able to buy almost 200,000 acres of Oregon farmland in 2015 without disclosing the purchase to the federal government.
The U.S. shouldn’t rush to impose new export controls on sensitive lidar technology, experts said, mostly because American firms may not have chokepoints over lidar and the restrictions may hurt U.S. export revenue.
Rep. Mike Gallagher, R-Wis., chairman of the House Select Committee on China, has urged the Commerce Department to consider placing the United Arab Emirates-based artificial intelligence firm Group 42 Holdings (G42) on the Bureau of Industry and Security’s Entity List, citing possible export control risks from the company’s work with China’s military, intelligence services and state-owned companies.
The Netherlands “partially revoked” an ASML export license that allowed the Dutch chip equipment maker to send certain advanced semiconductor equipment to China, ASML said Jan. 1. The company said it now faces new restrictions on exports of NXT:2050i and NXT:2100i lithography systems to China, which it said will affect a “small number” of customers in the country.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Sen. Marco Rubio, R-Fla., is urging the Commerce Department to block exports of chip design software to China’s Brite Semiconductor, which reportedly offers chip design services to six Chinese military suppliers (see 2312130020).
A former State Department official who advised on sanctions and money laundering, who also is a co-founder of Sayari Labs, a financial intelligence and commercial data provider, said that Hudson Institute will produce a paper on creating a broad sanctions program for China, complete with the kind of language that would allow it to be executive-order ready.
A group of 15 House and Senate members wrote to Defense Secretary Lloyd Austin on Dec. 18 asking whether the Department of Defense played a role in approving the export of U.S. technology to Chinese drone manufacturer Da Jiang Innovations (DJI).