U.S. blacklists dozens of Chinese language tech companies

U.S. blacklists dozens of Chinese tech firms

Chinese language and U.S. flags flutter exterior an organization constructing in Shanghai, China November 16, 2021.

Aly Music | Reuters

WASHINGTON – The Biden administration added a dozen Chinese language firms to its commerce blacklist on Wednesday citing nationwide safety in addition to overseas coverage issues.

Eight expertise entities based mostly in China had been added to the record for his or her alleged function in aiding the Chinese language navy’s quantum computing efforts and buying or making an attempt “to accumulate U.S. origin-items in help of navy purposes.”

U.S. officers have lengthy complained that Chinese language firms are beholden to the Individuals’s Republic of China and accumulate delicate info on behalf of the Individuals’s Liberation Military. The Chinese language Communist Celebration has beforehand mentioned that it doesn’t have interaction in industrial espionage. 

The Commerce Division additionally listed 16 entities and people working in China and Pakistan for his or her work on Islamabad’s nuclear and ballistic missile program. In all, the Biden administration added 27 entities and people positioned within the Individuals’s Republic of China, Pakistan, Russia, Japan and Singapore.

“World commerce and commerce ought to help peace, prosperity, and good-paying jobs, not nationwide safety dangers,” wrote U.S. Secretary of Commerce Gina Raimondo in a press release. “The Division of Commerce is dedicated to successfully utilizing export controls to guard our nationwide safety.”

The Chinese language Embassy in Washington didn’t instantly reply to CNBC’s request for remark.

The Division of Commerce’s entity record locations commerce restrictions on people and entities believed to interact in unfavorable or unethical exercise.

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Written by LessDaily.Com


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