- The White House took a step towards delisting US-traded Chinese companies, but this action is widely expected and will have minimal impact on both countries.
- The “nuclear option” on financial sanctions looks unlikely, but additional financial sanctions with a more modest impact are still possible.
- China’s foreign policy has grown more combative in recent years, and the Covid-19 pandemic has accelerated this trend.
- Beijing still cares about maintaining friendly relations with the world, but domestic politics create countervailing incentives to project toughness.
US President Donald Trump is likely to sign the Uyghur Human Rights Policy Act in the coming days, and similar legislation focused on Tibet is also moving through the US Congress.… Read the rest
- The US Commerce Department issued new rules designed to further restrict Huawei’s access to advanced semiconductors.
- Beijing has promised to retaliate against US technology companies, but regulators will seek to avoid actions that inflict collateral damage on China’s own technology industry.