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

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."

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!

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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 »