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Weimin Chen

Weimin Chen

Dutch Plan More Export Restrictions on Chip-making Machines

Dutch Plan More Export Restrictions on Chip-making Machines

The Lede: In line with U.S. policies to cut off Beijing’s access to semiconductor technologies, the Netherlands has announced further export controls that will restrict the sale of more chipmaking machines made by Dutch company ASML starting in September What We Know: * Starting on September 1, ASML and

China Expands Anti-Espionage Law Amid Tense Business Environment

China Expands Anti-Espionage Law Amid Tense Business Environment

The Lede: The U.S. is warning American and foreign companies and individuals of doing business in China after an update to Beijing’s anti-espionage legislation came into effect. What We Know: * The U.S. National Counterintelligence and Security Center (NCSC) is warning non-Chinese companies and individuals that traditional business

Largest U.S. LNG Supplier Cheniere Inks Marketing Deal with Chinese Customer

Largest U.S. LNG Supplier Cheniere Inks Marketing Deal with Chinese Customer

The Lede: U.S. liquefied natural gas producer Cheniere Energy signed a long-term contract to supply LNG to China’s ENN Energy Holdings in the company's second major LNG deal with ENN since the U.S.-China trade war began. What We Know: * Cheniere Energy announced that its

House Republicans Recommend Lapse in Science and Tech Cooperation with China

House Republicans Recommend Lapse in Science and Tech Cooperation with China

The Lede: Republicans in the House of Representatives signed a letter urging the end of a decades-old U.S.-China scientific and technological cooperation agreement What We Know: * The U.S. House Select Committee on Strategic Competition between the United States and the Chinese Communist Party sent a letter to

AI Rivalry Fuels Broader Restrictions on U.S. Chip Sales to China

AI Rivalry Fuels Broader Restrictions on U.S. Chip Sales to China

The Lede: The Biden administration is considering further restrictions on sales of advanced chips used for artificial intelligence (AI) What We Know: * The additional curbs would affect sales of high-end chips made by major U.S. technology companies including Nvidia and Advanced Micro Devices (AMD) that are necessary for running

Qatar and China Make Second Major LNG Deal

Qatar and China Make Second Major LNG Deal

The Lede: Qatar and China agree on a second 27-year partnership on the North Field expansion projects, which is set to vastly increase the production and export of liquefied natural gas (LNG). What We Know: * China National Petroleum Corporation (CNPC) and QatarEnergy signed a 27-year agreement stipulating that China will

Zambia Reaches Landmark Debt Restructuring Deal with China

The Lede: China and other government creditors have agreed to restructure loans to debt-ridden Zambia at a recent global finance summit in Paris. What We Know: * The Zambian government reached a landmark debt restructuring deal in Paris under the Group of 20’s Common Framework mechanism. The group convened traditional