Sharp China: New Export Controls in Multiple Sectors; Q3 GDP and the Fifth Plenum; Europe Presses Forward; OpenAI and Nvidia Chips
Beijing proposed a raft of export controls on AI-related technologies, solar-related technologies and machinery, while concern continued over Japan's rare earth access. The episode covered reactions to strong Q3 GDP numbers in the PRC, continued stock market struggles, questions about GDP targets and speculation about next week's Fifth Plenum. It also addressed EU signals of willingness to continue protectionist measures in new sectors, a report on new US-China investment deals, a potential Putin-Xi-Trump summit, sanctions on China's version of Y Combinator and a Politico report on OpenAI's restrained export control lobbying.
Why it matters: The proposed controls and the chip-policy discussion make export controls a central instrument in US-China technology competition.