Blocked from selling advanced chips and facing stiffer competition on legacy chips, companies may lobby Washington to loosen controls.
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The trip also raises the possibility of tighter US sanctions against China, which will reinforce Beijing’s view that the US is saying one thing and doing another.
Official engagement between the US and China has resumed, suggesting a thawing of bilateral relations in the near term.
China has declared its jurisdiction over TikTok and firmly opposes a forced sale, the preferred solution in the US.
A Chinese balloon flying over the US has intensified US-China tensions, paving ways for more restrictions on Chinese companies.
Any meaningful improvement in US-China relations remains challenging. Congress will continue launching policy attacks on China and more selective de-coupling will take place.
We address some major questions for China in 2023, including China’s Covid transition, economic recovery, the new head of government, and the outlook for US-China relations.
The two sides appear to have different understandings of how the papers will be accessed, as well as the role of Chinese regulators in the inspection process.
Beijing’s initial response to Nancy Pelosi’s Taiwan visit was more restrained than many expected, but military drills and political fallout will follow.
The call yielded no notable progress on Section 301 tariffs or US access to the audit reports of Chinese companies.