China sanctions US tech giants weeks after Pentagon blacklisted Chinese firms
Summary
China’s Commerce Ministry has banned 10 US technology companies from receiving dual-use exports, which are goods that can be used for both civilian and military purposes. This move follows recent US restrictions on Chinese tech firms linked to the military, and it also limits Chinese government purchases of products from 46 American companies.Key Facts
- China sanctioned 10 US tech companies, blocking exports of dual-use items to them.
- Dual-use items can be used for both military and civilian purposes.
- The sanctioned US companies include drone makers and rare earth mining firms.
- China’s sanctions respond to the US Pentagon’s blacklist of several Chinese tech companies with alleged military links.
- China also banned government entities from buying products from 46 US companies such as Lockheed Martin and Raytheon.
- The US restrictions prevent Chinese firms like Alibaba and Baidu from getting US military contracts.
- China says its sanctions protect national security and counter what it calls wrongful US expansion of sanctions.
- The moves are part of ongoing tensions over military ties and trade between the US and China.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.