Sunday, November 28

China opposes blacklist of 12 domestic companies

China reacted strongly after the US government added 12 Chinese companies to its export control blacklist.

According to China Central Television on the 25th, Chinese Commerce Ministry spokeswoman Su Zhuanting said at a weekly briefing held on the afternoon, “The announcement of the new sanctions list by the US Department of Commerce is not in line with the common perception of the leaders of the two countries. No,” he protested.

“The United States is abusing the concept of national security and arbitrarily imposes sanctions,” Su said. “China strongly protests this.”

He added that his country will protest the US through diplomatic channels.

The U.S. Department of Commerce’s Bureau of Industry and Security announced on the 24th local time that 27 foreign companies including Japan, Pakistan, Singapore, and Russia, including 12 Chinese companies, were finally selected as companies that violated U.S. national security or foreign policy.

U.S. companies must apply to the Department of Commerce for permission to do business with companies on export control lists.

According to the Ministry of Commerce, eight Chinese companies under the restrictions were placed on the control list to protect quantum computing technology and encryption technology to develop weapons for anti-stealth, anti-submarine and anti-submarine weapons.

The continued addition of Chinese companies to the U.S. export control blacklist is interpreted as an attempt to prevent commercial transactions from leading the country’s advanced technology into strengthening its strategic competitor, China’s defense capabilities.

The additional sanctions came about a week after the first summit between President Joe Biden and Chinese President Xi Jinping.

(Photo = Ministry of Commerce website, Yonhap News)

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