China Eases Export Controls on U.S. Firms in Trade De-escalation Move
China's Ministry of Commerce announced the removal of export restrictions against 15 U.S. entities and a one-year suspension of measures for 16 others, effective November 10. The decision marks a conciliatory shift in the protracted trade dispute between the two economic powers.
The lifted restrictions previously barred Chinese companies from exporting dual-use goods with both civilian and military applications. Beijing framed the policy relaxation as a "constructive step" to stabilize bilateral trade relations after years of tension over technology transfers and supply chain security.
The development follows months of negotiations aimed at preventing further deterioration in U.S.-China economic ties. Both nations have recently emphasized preferences for managed competition over confrontation, suggesting potential for incremental de-escalation in trade policies.