Newly proposed rule in U.S. Foreign Direct Product Rule will cut off supply of sophisticated chips to Huawei

Senior administrators in the Trump administration have agreed to further tighten restrictions of semiconductors on Huawei Technologies. Under the newly proposed rules, foreign companies that use U.S. chipmaking equipment will now have to obtain a U.S. license before supplying certain chips to Huawei. According to one of the sources, rule will slash the supply of…

These two rules will further tighten the screws on Huawei

According to two sources, the U.S. government is likely to fine tune and expand laws that govern sale of U.S. technology and technological products to foreign companies, midst efforts to further tighten the blacklisting of China Huawei. In May 2019, the U.S. Commerce Department had placed Huawei Technologies on an Entity List citing national security…

China flexes geo-economic muscles in references to Taiwan and Hong Kong

A report by a top government-linked think tank has listed out foreign companies that have used “incorrect labels” while referring to Taiwan and Hong Kong. The report has prompted a stern reply from Taipei. In a development that marks China’s growing pressure tactics on Taiwan and Hong Kong, in a report, the Chinese Academy of…