A week after announcing long-anticipated progress from high-level talks in London, China and the United States are taking concrete steps to clear export hurdles and issue licenses for strategic goods.
The easing of trade restrictions signals a tentative reset between the world’s two largest economies. But the thaw remains fragile, as analysts warned that Washington’s new trade deal with Vietnam could provoke a response from Beijing.
Still, for now, both sides have moved to restore access to critical technologies and high-priority exports.
Leading American chip design software firms Synopsys and Cadence Design Systems have received official notices about the rollback of export restrictions and were working to restore access to their products for customers in China, according to company statements on Thursday.
Siemens also confirmed it had made its software fully available again to Chinese clients.
On Wednesday, the US government sent letters to major ethane producers and exporters – Enterprise Products Partners and Energy Transfer – revoking a licensing requirement imposed in June and clearing the way for shipments to China to resume, according to Reuters.
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