Summary
- The Chinese Ministry of Commerce announced that it will temporarily suspend export restrictions on 28 US companies for 90 days.
- The measure will be applied from the 14th, and the designation of 17 'unreliable entities' will also be temporarily suspended.
- This move suggests the possibility of easing economic tensions between the US and China.
The Chinese Ministry of Commerce announced that it will temporarily suspend export restrictions on 28 US companies for 90 days.
According to Walter Bloomberg on the 14th (local time), the Chinese Ministry of Commerce stated, "From the 14th (local time), we will temporarily suspend export restrictions on 28 US companies for 90 days." It added, "The designation of 17 US companies as 'unreliable entities' will also be temporarily suspended."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
