5 Chinese companies and a research institute blacklisted by U.S. over spy balloon program

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

As part of its retaliation against China over the alleged spy balloon that flew across U.S. airspace last week, the U.S. has blacklisted six Chinese entities it says were linked to Beijing's aerospace programs.

The economic restrictions announced Friday followed the Biden administration's pledge to consider broader efforts to address Chinese surveillance activities and will make it more difficult for the five companies and one research institute to obtain American technology exports.

The U.S. Bureau of Industry and Security said the six entities were being targeted for"their support to China's military modernization efforts, specifically the People's Liberation Army's aerospace programs including airships and balloons." Deputy Secretary of Commerce Don Graves said on Twitter that his department"will not hesitate to continue to use" such restrictions and other regulatory and enforcement tools"to protect U.S. national security and sovereignty."

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:

 /  🏆 87. in SG
 

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

That’ll learn em!

I thought they already did that because three balloons flew over to during trumps presidency🤥🤥🤥

And they answer with another one. Joe gottem good

Who said it is “retaliation” YOU? Perhaps it is good business to not let them float over our country!

Singapore Singapore Latest News, Singapore Singapore Headlines

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

China says proposed U.S. ban on Chinese buying U.S. property violates market rulesThe United States is violating the principles of market economy and international trade rules in considering a ban on Chinese citizens buying property in the United States, the Chinese foreign ministry said on Friday. Lol Good. We Americans refuse to allow them to overtake us, the way they did all over Africa. Who cares what the Chinese foreign ministry says.
Source: Reuters - 🏆 2. / 97 Read more »