China’s executive arm shaping policy on trade, investment, and consumer protection
China has announced a broad set of countermeasures in response to recent U.S. restrictions, including sanctions on several American entities and tighter export controls on drones and dual-use tech. Beijing says the steps are in retaliation and are reversible ahead of any anticipated Xi-Trump talks.
China has placed 10 US companies, including rare‑earth producers MP Materials and USA Rare Earth and several drone makers, on its export control list, barring Chinese companies from selling dual‑use items to them. Beijing has also excluded 46 US firms from government procurement, and has framed the moves as retaliation for a recent Pentagon blacklist of Chinese companies.
The UK has nationalised British Steel to protect jobs, supply chains and national security. Jingye Group seeks compensation for losses, arguing the move breaches investment protections. China says it will monitor developments and defend its interests.
China has restricted exports of dual-use items to 14 European organizations and barred foreign firms from supplying them with such items, in a response to EU sanctions on Russia. The measures cover firms spanning Czech, Italian, German and French industries, and come as Brussels expands penalties against Moscow.