Sen. Marco Rubio, R-Fla., and Rep. Elise Stefanik, R-N.Y., urged the Commerce Department last week to immediately revoke all export licenses to China’s Huawei, saying the Bureau of Industry and Security is allowing a foreign adversary's company to obtain too much advanced U.S. technology.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
An investigation by the House Select Committee on China found that U.S. financial institutions facilitated the investment of $6.5 billion last year in 63 Chinese companies that the U.S. government has “blacklisted or otherwise red-flagged” for advancing China’s military capabilities or supporting its human rights abuses, the committee said April 18.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Rep. Elise Stefanik, R-N.Y, criticized the Biden administration last week for reportedly allowing Intel to export “cutting-edge chip technology” to China’s Huawei for use in the new Matebook X Pro computer, even though Huawei has been on the Commerce Department’s Entity List since 2019 (see 1905160072).
The Bureau of Industry and Security recently met with a group of industry and university officials to hear about challenges plaguing export compliance professionals, including problems doing due diligence on foreign parties, lengthy timelines for export license applications and more.
U.S. companies should expect more retaliation from China if the Bureau of Industry and Security adds more major Chinese technology firms to its Entity List this year, Paul Trulio, a China and technology policy expert, said during an event last week hosted by the Center for Strategic and International Studies. Trulio and other panelists also said it’s unclear exactly how a possible second Trump administration may tweak U.S. export control policy toward Beijing, but they said it’s possible former President Donald Trump, if reelected, could significantly increase restrictions on Chinese firms through potential financial sanctions and may pressure allies to do the same.
China said it “strongly” opposes the U.S. Commerce Department’s decision this week to add Chinese companies to the Entity List, calling on the U.S. to “stop politicizing trade and tech issues and turning them into weapons.” The listings targeted several Chinese firms for allegedly procuring export controlled items for China’s military modernization efforts or for Russia’s military (see 2404100018), but a Chinese Ministry of Foreign Affairs spokesperson told reporters at a regular press conference April 11 that China and Russia “have the right to normal economic and trade cooperation, and such cooperation should not come under external interference or constraint.”
The Bureau of Industry and Security added 11 parties to its Entity List this week for procuring items to support Iranian drone programs, China’s military modernization efforts or Russia’s military. The additions, outlined in a final rule released April 10 and effective April 11, include technology companies, logistics firms and one person based in either China, Russia or the United Arab Emirates.
The Bureau of Industry and Security will add 11 parties to the Entity List for trying to ship or procure export-controlled items for Russia, Iran or to support China’s military modernization efforts, the agency said April 10. The additions include technology companies, logistics firms and one person based in either China, Russia or the United Arab Emirates. Effective April 11, the companies are subject to license requirements for all items subject to the Export Administration Regulations, and licenses will be reviewed either under a presumption of denial or policy of denial, except for certain food or medicine.