U.S. blacklists dozens of Chinese language tech companies – Information by Automobilnews.eu

U.S. blacklists dozens of Chinese language tech companies

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

Aly Tune | 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 primarily based in China had been added to the listing for his or her alleged position in helping the Chinese language army’s quantum computing efforts and buying or making an attempt “to amass U.S. origin-items in assist of army purposes.”

U.S. officers have lengthy complained that Chinese language firms are beholden to the Folks’s Republic of China and gather delicate info on behalf of the Folks’s Liberation Military. The Chinese language Communist Celebration has beforehand mentioned that it doesn’t interact 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 Folks’s Republic of China, Pakistan, Russia, Japan and Singapore.

“World commerce and commerce ought to assist peace, prosperity, and good-paying jobs, not nationwide safety dangers,” wrote U.S. Secretary of Commerce Gina Raimondo in an announcement. “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 listing locations commerce restrictions on people and entities believed to interact in unfavorable or unethical exercise.

U.S. blacklists dozens of Chinese language tech companies – Information by Automobilnews.eu


To Top