China has updated its export control lists, introducing provisions that allow companies to apply for permission to trade with entities currently subject to restrictions. As part of the changes, Beijing has lifted export control measures on 12 US-based entities and indicated it will grant licences to exporters that meet regulatory requirements.
Suspends adding some US firms to export control list for 90 daysThe move suggests a more targeted and conditional approach to its trade restrictions, allowing for case-by-case exemptions rather than blanket bans. Analysts say the shift could be aimed at reducing tensions in specific sectors while maintaining the ability to enforce controls where Beijing sees strategic or security concerns.
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