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Jul 18 2024 
Economics: Inside China Business: US allies warn of “diplomatic crisis” as American officials demand new curbs in China chip battle but China is not sitting back
Japan and the Netherlands are strongly resisting US demands to further limit their companies’ tech exports to China, the world’s largest semiconductor and electronics market. The Biden Administration is threatening to invoke an obscure 70-year-old US law, the Foreign Direct Product Rule. This regulation authorizes the American government to impose controls and trading restrictions on… Continue reading
