The United States adds Chinese entities to the control list again, and China firmly opposes this

The United States on Thursday (9th) added 37 Chinese entities to a trade blacklist, including some companies accused of supporting a suspected Chinese spy balloon that flew over U.S. airspace last year.

The United States on Thursday (9th) added 37 Chinese entities to a trade blacklist, including some companies accused of supporting a suspected Chinese spy balloon that flew over U.S. airspace last year.
The U.S. Commerce Department said it would also target companies seeking to acquire U.S. products to advance China\’s quantum technology capabilities.
\”These activities have substantial military applications and pose a significant threat to U.S. national security,\” the Commerce Department said in a statement.
\”Companies included in this \”entity list\” are restricted from obtaining U.S. items and technology without U.S. government approval.
A spokesman for the Chinese Ministry of Commerce responded on Friday that China has noticed relevant situations. The United States has included a number of Chinese entities in the export control list on the grounds of so-called military and Russian involvement. China firmly opposes this.
A Chinese spokesperson said that the United States has long overextended its concept of national security and abused export control measures to suppress and contain companies from other countries, seriously damaging the legitimate rights and interests of companies, undermining the security and stability of global industrial and supply chains, and hindering the recovery and development of the world economy.
China urges the United States to immediately stop its wrong practices and take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies.
The U.S. Commerce Department on Thursday also said some of the entities targeted this time were tied to advancing China\’s nuclear program or \”engaged in the shipment of controlled items to Russia\” following Russia\’s 2022 invasion of Ukraine.
It is reported that the entities subject to export controls this time include a number of A-share listed companies, including Beidou Star (002151-CN), Leco Defense (002413-CN), Zongheng Holdings (688070-CN) and Zhongke Xingtu (688568- CN).
Some entities on the list are accused of supporting the \”Chinese balloons\” that will fly over the United States in 2023 or have ties to entities that support the plan. Other entities are accused of using U.S. technology to develop drones or quantum technology, and some entities are additionally accused of shipping to Russia. Controlled items.
Alan Estevez, Under Secretary of Commerce for Industry and Security, said the latest update to the Entity List is a critical step in addressing the challenges posed by China.

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