US blacklists dozens of Chinese tech companies – Community News
Us China

US blacklists dozens of Chinese tech companies

Chinese and American flags flutter outside a corporate building in Shanghai, China, on Nov. 16, 2021.

Aly Song | Reuters

WASHINGTON — The Biden administration added a dozen Chinese companies to its blacklist on Wednesday, citing national security and foreign policy concerns.

Eight technology entities based in China were added to the list for their alleged roles in supporting the Chinese military’s quantum computing efforts and in acquiring or attempting to acquire items of US origin to support military applications.

US officials have long complained that Chinese companies feel an obligation to the People’s Republic of China and collect sensitive information on behalf of the People’s Liberation Army. The Chinese Communist Party has previously said it does not engage in industrial espionage.

The Ministry of Commerce also listed 16 entities and individuals operating in China and Pakistan for their work on Islamabad’s nuclear and ballistic missile program. In total, the Biden administration has added 27 entities and individuals in the People’s Republic of China, Pakistan, Russia, Japan, and Singapore.

“Global trade and commerce should support peace, prosperity and high-paying jobs, not national security risks,” US Commerce Secretary Gina Raimondo wrote in a statement. “The Department of Commerce is committed to using export controls effectively to protect our national security.”

The Chinese embassy in Washington did not immediately respond to CNBC’s request for comment.

The Department of Commerce Entity List imposes trade restrictions on individuals and entities believed to be engaged in unfavorable or unethical activities.

About the author

Rakesh

Add Comment

Click here to post a comment