US blacklists Chinese companies, research institute over suspected spy balloon

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The U.S. took action on Friday to blacklist six Chinese entities as part of retaliation over an alleged Chinese spy balloon that was shot down last weekend.

Sen. Bill Haggerty, R-Tenn., weighs in on the Biden administration's response to the China spy craft on 'Mario Bartiromo's Wall Street.'it said were linked to the nation's aerospace programs as part of retaliation over an alleged Chinese spy balloon that traveled across multiple states before being shot down.

The six entities are Beijing Nanjiang Aerospace Technology Co., China Electronics Technology Group Corporation 48th Research Institute, Dongguan Lingkong Remote Sensing Technology Co., Eagles Men Aviation Science and Technology Group Co., Guangzhou Tian-Hai-Xiang Aviation Technology Co. and Shanxi Eagles Men Aviation Science and Technology Group Co.

The economic restrictions will make it more difficult for the five companies and one research institute to obtain U.S. tech exports. The U.S. Bureau of Industry and Security said in a press release that the six groups were being targeted for "for supporting the PRC’s military modernization efforts, specifically those related to aerospace programs, including airships and balloons and related materials and components, that are used by the People’s Liberation Army for intelligence and reconnaissance.

 

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A few years too late. Like 2 years too late. Yea traitor joe

Yes

Kind of late for this.

Thank god we still have TicTok.

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