New regulations could add up to 200 Chinese chip companies to a trade restriction list, according to email

The Biden administration is set to unveil new export restrictions on China as soon as next week, the US Chamber of Commerce told members in a Thursday email.

The new regulations could add up to 200 Chinese chip companies to a trade restriction list that bars most US suppliers from shipping goods to the targeted firms, the email from the powerful Washington-based lobbying group said, according to an excerpt seen by Reuters on Friday.