US will unveil new export restrictions on China

New regulations could add up to 200 Chinese chip companies to a trade restriction list, according to email
US Plans New Tech Export Controls on China
The Biden administration is preparing to announce new export restrictions on China next week, according to a US Chamber of Commerce email.
KEY POINTS INCLUDE:
Up to 200 Chinese chip companies could be added to a trade restriction list, limiting their access to US suppliers
The Commerce Department plans to release these regulations before Thanksgiving
Additional rules restricting high-bandwidth memory chip shipments to China are expected in December, as part of an AI-focused package
These measures expand existing export controls aimed at preventing China's technological and military advancement
Initial regulations will likely focus on limiting chipmaking tool exports to China
This move continues the administration's broader strategy of restricting China's access to advanced technology, following earlier reports of plans to add about 120 Chinese entities to the restricted trade list.