economy
Beijing flips the script on the U.S. tech war
China unleashed its broadest package of trade countermeasures since last October's trade truce, pushing back against a string of recent U.S. restrictions.
TL;DR
- China has enacted broad trade countermeasures, including blacklisting U.S. companies and tightening export controls on drones.
- These measures are a response to recent U.S. restrictions, particularly those related to Xinjiang and security risks.
- The actions are seen as China replicating U.S. tactics to curb access to technology and create leverage for upcoming bilateral talks.
- A national security investigation into imported printing and copying equipment has been launched.
- The overall situation highlights persistent strains in U.S.-China relations ahead of President Xi's visit to Washington.