The U.S. government has rescinded its export restrictions on chip design software to China, U.S.-based Synopsys announced.

The United States has lifted restrictions on exports to China for chip design software developers and ethane producers, a further sign of de-escalating US-Sino trade tensions including concessions from Beijing over rare earths.

Siemens has received notification from the US government allowing it to resume sales of chip design software to China, the German technology company said, as a trade deal between Washington and Beijing takes effect.