If the GOP takes back both chambers in the midterm elections, more China bills are likely to pass in the next couple of years.
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The US handling of its “one China policy” is changing over time into something increasingly unfavorable to Beijing.
The USTR has started an expiry review of Section 301 tariffs for Chinese products as some approach their four-year deadline.
China’s tech and electronics firms face the biggest secondary sanction risks because many rely on US supplies and technology.
There could be some temporary easing of political obstacles on the US side and economic issues may finally get moving again.
The unverified list is not a sanction tool and companies can get delisted; the Unverified List and the Entity List are mutually exclusive.
The Xi-Biden video conference closed with stabilizing signals, but produced very little in concrete deliverables.
Meng Wanzhou’s release follows hot on the heels of Xi’s commitment to end overseas coal project funding.
The Biden Administration wants to reduce supply chain reliance on China. But it would be difficult.
As long as the US upholds the one-China policy, Beijing will not be incentivized to unilaterally change the status quo.