The U.S. has extended the grace period for the China-related trade blacklist to January 10 ahead of the economic and trade talks in Shenzhen. The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce issued a final rule on Thursday extending the grace period for the "50% Subsidiary Rule" to January 10, when the current U.S.-China trade truce is also set to expire. If implemented, the rule would expand U.S. export restrictions to overseas subsidiaries owned 50% or more by entities placed on the Entity List or Military End-User List.