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U.S. Department of Commerce Slows Approvals of Aviation Parts Exports to China and Caps COMAC's Imports

10.01 ·Reported ·Importance IV ·Sources 1 ·United States

On October 1, Reuters reported, citing people familiar with the matter, that over recent weeks the U.S. Department of Commerce has slowed approvals of export licenses for aviation parts to China, restricting the number of parts that COMAC is allowed to import in order to prevent stockpiling, hoping to trade this for concessions on rare earths and other issues.

China Designated as Foreign Adversary by the US

2021.01.14 ·Verified ·Importance IV ·Sources 2 ·United States

In 2020, China was designated as a foreign adversary by the U.S. Department of Commerce under an executive order, subjecting transactions involving information and communication technology and services to special scrutiny.

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