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The U.S. told GE Aerospace Thursday that it can restart jet engine shipments to China’s COMAC, according to a person familiar with the matter, in a further sign of de-escalating U.S.-Sino trade tensions that included concessions from Beijing over rare earths.
The United States this week also lifted restrictions on exports to China for chip design software developers and ethane producers, suggesting trade talks between the two countries are moving forward.
License suspensions and new license requirements on the different exports had been…more
Source www.cnbc.com
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