The Xi-Biden meeting this week in San Francisco was an important step in stabilizing bilateral relations, which have deteriorated since last year. Big announcements were made on military engagement and fentanyl production. Some trade and investment issues were also brought up at the meeting, although it is unlikely that the

Last Friday, China's Ministry of Commerce and General Administration of Customs (GACC) announced that they had adjusted the export controls on graphite, which were instituted in 2006, by revising the scope of controlled items. The majority of current graphite exports from China have already been subject to export

Yesterday, the U.S. Department of Commerce announced new export control rules that target China's semiconductor and AI industry, expanding the parameters and patching "loopholes" of existing export controls on chips and manufacturing tools.

Last Friday, the U.S. Commerce Department added 42 Chinese companies to the Entity List "for providing support to Russia’s military and/or defense industrial base." This came after it added 11 Chinese firms a week earlier.

During a press conference last week, China's Ministry of Commerce spokesperson He Yadong offered comments on the upcoming China-EU High-Level Economic and Trade Dialogue, China's outbound investment, trade disputes with Australia, and the implementation of export controls on gallium and germanium.

In reaction to recent reports of a new Huawei smartphone with advanced capabilities, member of Congress are pushing the U.S. Commerce Department to tighten semiconductor export controls even further.

During this week's trip to China, U.S. Commerce Secretary Gina Raimondo discussed export controls, China's business environment and U.S.-China trade relations at meetings with Chinese officials and made additional statements in media interviews. Here are some highlights of her statements.