Exclusive: US warned China to expect updated export curbs in October-US official

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Key Points

NEW YORK/WASHINGTON, Oct 2 (Reuters) - The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China as soon as early October, a U.S. official said, a policy decision aimed at stabilizing relations between the superpowers...

The Commerce Department, which oversees export controls, is working on an update of export restrictions first released last year..

The update seeks to limit access to more chipmaking tools in line with new Dutch and Japanese rules, other sources said, and to close some loopholes in export restrictions on artificial intelligence (AI) chips...

Former White House official Peter Harrell stressed that he did not know if the administration had warned China about the new rules, but said, if they did, it would represent "a bit of an inflection point" for the administration as it tries to avoid sending misunderstood signals...

The Biden administration is hoping to clinch Chinese President Xi Jinping's attendance at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco in November, too, an effort which also has weighed on the timing of the upcoming export rules' release...

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