In view of that, Citi highlighted four key dates and events to watch over the coming weeks as negotiations play out:
We've summarised the most important ones here:
1. December 18-22: Chinese President Xi Jinping's speech at the 40th anniversary of China's economic reforms.
2. Due by December 19: The US commerce department's decision on what industries will be included as "emerging technologies", which could be subject to further export controls.
3. Due by February 7: Report on the investigation into whether China intervened in US midterm elections in November, which could come with possible sanctions.
4. Until February 20: Findings from the US treasury department's CFIUS pilot program, increasing oversight of foreign investment in "critical technology" companies.