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Top related persons:
Wong Yu Liang - 1 Daniel Gerkin - 1 Kirkland - 1 Ellis - 1 Clare Locke - 1 Gigabyte - 1 Donald Trump - 1 Biden - 1
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China Washington U.S Shandong Hubei Southwest Heilongjiang Southeast Asia
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Nvidia - 1 Getty - 1 Super Micro Computer Inc - 1 Dell Technologies Inc - 1 Gigabyte Technology - 1 Chinese Academy of Sciences - 1 Shandong Artificial Intelligence - 1 Hubei Earthquake Administration - 1

Search resuls for: "reexported"


4 mentions found


☆ China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
  + stars: | 2024-04-23 | by ( ) www.cnbc.com   time to read: +5 min
Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28. While the U.S. bars Nvidia and its partners from selling advanced chips to China, including via third parties, the sale and purchase of the chips are not illegal in China. Contacted by Reuters, Nvidia said the tenders specify products that were exported and widely available before the restrictions. Daniel Gerkin, a Washington-based partner at law firm Kirkland & Ellis, said Nvidia chips could have been diverted to China without a manufacturer's knowledge, given a lack of visibility into downstream supply chains. It did not respond to subsequent questions about tenders that identified its products as a source of banned Nvidia chips.
Persons: Wong Yu Liang, Daniel Gerkin, Kirkland, Ellis, Clare Locke, Gigabyte Organizations: Nvidia, Getty, Super Micro Computer Inc, Dell Technologies Inc, Gigabyte Technology, Reuters, Chinese Academy of Sciences, Shandong Artificial Intelligence, Hubei Earthquake Administration, U.S, U.S . Commerce Department, Industry, Security, Super Micro, Dell Locations: China, U.S, Shandong, Hubei, Southwest, Heilongjiang, Washington
☆ Supply chains may be moving out of China and into Asia — but they aren't really decoupling from the country
  + stars: | 2023-09-20 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +7 min
Supply chains are diversifying away from China, causing a shift in global-trade patterns. Data shows that while manufacturing activity for end products has been moving out of China, supply chains haven't decoupled from the country. "Companies are moving manufacturing processes to other countries, including parts of Asia and North America, to diversify their supply chains. Companies are moving their supply chains out of China. As Insider reported in April, even Chinese companies are moving their supply chains out of China to avoid risks.
Persons: Donald Trump, Biden, Misha Govshteyn, Nomura, Sonal Varma, reexported, —, Frederic Neumann, Yukon Huang, Genevieve Slosberg, Lu Yucong, Carnegie's Huang, MaroFab's Govshteyn Organizations: Service, Apple, Mazda, Asia Supply, Nomura Holdings, East, HSBC, Association of Southeast, Nations, Carnegie Asia Program, Financial Times Locations: China, Southeast Asia, Wall, Silicon, Asia, Washington, Beijing, Vietnam, Bangladesh, North America, Houston, South Korea, Hong Kong, China's, India, Japan, Europe, Yukon, America, United States, Guangdong
☆ Europe wants to ban Russian diamond imports. What comes next?
  + stars: | 2023-05-19 | by ( Anna Cooban | ) edition.cnn.com   time to read: +6 min
“Russian diamonds are not forever,” European Council President Charles Michel said on the sidelines of the G7 summit in Hiroshima, Japan, on Friday. Tatyana Makeyeva/ReutersA ban on Russian diamonds could inflate prices for European consumers, especially if diamond production elsewhere doesn’t ramp up. The biggest task facing Europe is how to design an air-tight ban that prevents Russian diamonds from arriving in the bloc through circuitous routes. “There are a lot of Russian diamonds that still get sold within the American economy,” he said. “If you really want to close loopholes, you need to find a system that prevents [Russian] diamonds going to the G7 market,” Neys said.
☆ Since June, Feds have seized nearly $1 billion in goods tied to forced labor
  + stars: | 2023-04-17 | by ( Andrea Day Chris Dilella | Andrea Day | Chris Dilella | ) www.cnbc.com   time to read: +5 min
Inside these boxes: Approximately $20 million worth of detained solar panels by U.S. Customs & Border Protection over suspected ties to forced labor. Shipments coming directly from China represented about $80 million worth of goods, while Malaysia accounted for $461 million and Vietnam accounted for $370 million. "UFLPA allows us to presume [goods] were produced with forced labor, and therefore they'd be excluded from the United States," said Fox. "The cotton commodity coming out of the Xinjiang region has typically been tied to forced labor," Fox told CNBC. The companies then had 30 days to come back to CBP and prove that the items were produced without forced labor.
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