US puts 3 dozen more Chinese companies on trade blacklist

  • 📰 ABC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The U.S. Department of Commerce is adding 36 Chinese high-tech companies, including makers of aviation equipment, chemicals and computer chips, to an export controls blacklist, citing concerns over national security, U.S. interests and human rights.

At the same time, the Biden administration has been moving to beef up American manufacturing capabilities for semiconductors and other advanced technologies.

It said Yangtze Memory Technologies and Hefei Core Storage Electronic Ltd. were included because they allegedly might act as suppliers to Huawei Technologies, the world's biggest maker of network equipment, and to Hangzhou Hikvision Digital Technology, another company subject to U.S. sanctions. Some of the companies were included in the list for being at “risk of diversion" to other companies on the entity list or are accused of illegally exporting U.S. electronics subject to export controls to Iran for military use.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why not just build those businesses here and give Americans the jobs!

It's about time can anyone explain why they ever thought having China design chips for military equipment or airplanes was a good idea?

LOL. Meanwhile they left military hardware in Afghanistan for our enemies to study.

There goes the whole 'China owns Biden' argument. Cant wait to see what lies they invent next...

A bit late!

美国佬是真不要脸👋👋

I worked for Dell co. a looooong time ago. And this isn't really anything new. ...American computer technology has always been a major concern of falling into the wrong foreign-actors hands. ... That's why spying apps are a bigger national threat, than most tech 'junkies' admit.

I want to hear Joe himself say this out loud and then name off all companies on the blacklist in front of the entire country.

US setting up an unfair playing field by banning Chinese tech companies. Truth is that US tech companies are losing out to Chinese tech companies in many tech fields. Hence US desperation to sanction every Chinese tech company.

Computer chips are already hard to get.

GAME OVER

HERE WE GO AGAIN!! GIVING CHINA OUR BUSINESS INSTEAD OF GIVING IT TO OUR VERY OWN HARD WORKING AMERICANS

I remember when it was racist for trump to do that..

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden administration plans to blacklist over 30 Chinese companies: reportThe U.S. Department of Commerce plans to add over 30 Chinese companies to a trade blacklist next week, according to a new report. Except the ones his family has interests in! 🤣🤣Believe it if it ever happens.
Source: FoxBusiness - 🏆 458. / 53 Read more »

NYPD Chief of Department meets with Flushing business owners following robbery spate | amNewYorkNew NYPD Chief of Department Jeffrey Maddrey and fellow police brass met with business owners in Flushing, Queens Tuesday after community members reached out to law enforcement following an increase in robberies and other crimes in the area.
Source: amNewYork - 🏆 336. / 59 Read more »