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ARTICLE · 05 FEBRUARY 2025

2024: A Review Of Foreign Sanctions And Export Control Developments Involving China

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Throughout 2024, the Biden administration limited China's access to sensitive technologies, proposed new restrictions and added a record number of Chinese entities to the Entity List.

ChinaInternational Law
Eddie Lam
Eddie Lam
Jiayan Xu
Jiayan Xu
Shiying Zhou
Shiying Zhou
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  • Throughout 2024, the Biden administration limited China's access to sensitive technologies, proposed new restrictions and added a record number of Chinese entities to the Entity List. OFAC also designated a significant number of Chinese entities linked to Russia's efforts to bypass sanctions and export controls. On the other side, the Chinese Government expanded export controls on dual-use goods, as well as imposed sanctions on companies and individuals under the Anti-Foreign Sanctions Law (AFSL).

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The following are some key takeaways from 2024:

  • Export controlis tightening, targeting sensitive technologies.In December 2024, the Bureau of Industry and Security (BIS) announced new controls on semiconductor-related technologies and equipment, adding 140 entities to the Entity List for their alleged involvement in China's advanced chip production. The new rules encompass tighter controls on semiconductor manufacturing equipment, software tools for

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