Chinaโs announcement of newย lawsย controlling the exports of โsensitive itemsโ in a way that mirrors the US Commerce Departmentโsย โentity listโย is the latest example of escalating tensions between Beijing and Washington.
The new regulations are set to control items said to be vital to the countryโs national security, including military items, strategic technologies, artificial intelligence algorithms, and, most strikingly, rare earth mineral exports.
The announcement comes as Donald Trumpโs administration uses its last days to double down on China, with media reporting that it is set to blacklist the Semiconductor Manufacturing International Corporation and the China National Offshore Oil Corporation as firms allegedly โcontrolledโ by the countryโs military.