FILE - American flags are displayed with Chinese flags on top of a trishaw on Sept. 16, 2018, in Beijing. , chipmaking tools and software.newly included in the so-called “entity list” are nearly all based in China. But some are Chinese-owned businesses in Japan, South Korea and Singapore.
“This is a typical act of economic coercion and non-market practice,” the ministry said in a statement. Washington has been gradually expanding the number of companies affected by such export controls, as the administration of President Joe Biden has encouraged an expansion of investments in and manufacturing of semiconductors in the U.S.
It particularly objects to what it calls “long-arm jurisdiction” moves such as the U.S. decision to extend export controls to companies to apply to chip-making equipment makers in South Korea, Taiwan and Singapore if they use any U.S. technology that might be sold to China.