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US investigates Chinese companies over export sanction issues

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WASHINGTON : U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration is actively considering adding new Chinese companies to the government's economic blacklist as it investigates what it calls efforts by China to evade U.S. sanctions.The Commerce Department's Entity List restricts

WASHINGTON : U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration is actively considering adding new Chinese companies to the government's economic blacklist as it investigates what it calls efforts by China to evade U.S. sanctions.Raimondo told reporters the administration was working to"get information around bad actors in China and adding those companies to the Entity List ... We are in the middle of a number of investigations.

The Trump administration aggressively used the Entity List, adding dozens of Chinese companies including Huawei in 2019. It also added chipmaker SMIC and Chinese drone manufacturer DJI in 2020. In December, Commerce added China's Academy of Military Medical Sciences and its 11 research institutes to the Entity List.

 

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