![]() According to a readout published on the Chinese Ministry of Foreign Affairs website, Wang Yi called for “steering bilateral relations back on the track of steady development”, while the White House readout stated that Blinken “discussed the need to maintain open lines of communication and responsibly manage the U.S.-PRC relationship”. Their last meeting was at the sidelines of the G20 Foreign Minister’s Meeting on July 9. Meanwhile, leading Taiwanese chipmaker TSMC has been granted a one-year license to continue using US-made components for its operations in China.ĭay 611: Septem– China Foreign Minister meets with US counterpart at sidelines of UN General Assembly.Ĭhina’s Foreign Minister Wang Yi met with US counterpart Secretary of State Antony Blinken at the 77th UN General Assembly in New York on Friday. In response to the ruling, ASML Holding, a maker of equipment for producing semiconductors, has told US employees to stop servicing Chinese customers, according to a report by Bloomberg. persons to support the development, or production, of ICs at certain PRC-located semiconductor fabrication “facilities” without a license”.Ĭhina’s Ministry of Commerce (MOFCOM) since condemned the move, with a spokesperson for the body stating that “The actions of the US side not only affect the legitimate rights and interests of Chinese companies but also damage the legitimate business interests of US export companies” and added that “The United States should immediately stop its wrongdoing and give fair treatment to companies from all over the world, including Chinese companies”. Moreover, it also “restricts the ability of U.S. The export controls will affect both US companies and companies from a third-party country that sells US-made items to China. national security and foreign policy interests” and will “restrict the People’s Republic of China’s (PRC’s) ability to both purchase and manufacture certain high-end chips used in military applications”. The release states that the purpose of the export controls is to “protect U.S. According to a release issued by the Bureau of Industry and Security. SOURCES CHINABASED XIMALAYA LINKDOC US IPOTIMES LICENSEThe US Department of Commerce has implemented sweeping new export controls that will require companies to receive a license to export US-made advanced computing and semiconductor products to China. US-China relations in the Biden-eraĭay 625 to 631: October 7 – 13, 2022: US Department of Commerce implements new export controls on advanced computing and semiconductors to China. Here, we present a fresh timeline that will track key developments affecting bilateral ties between the world’s two largest economies under the Biden administration. Will the Biden administration be accommodating of China or take advantage of the new status quo established under his predecessor?Ĭhina Briefing previously monitored and documented major developments during the US-China trade war in the Trump era. Since Biden’s election, political and business stakeholders have been paying close attention to the direction of the new White House administration’s policy towards China. The four years witnessed escalating trade tensions culminating in a trade war and sanctions on Chinese technology companies. On January 20, 2021, Joe Biden was sworn in as the 46 th president of the United States, offering a chance to change the course of US-China relations, which had hit a low point under the outgoing Trump administration. This article was originally posted on March 22, 2021, and last updated on October 13, 2022. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |