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The companies included in the blacklist include Linkzoll (Beijing) Technology Co., Ltd., Xi’an LeCroy Innovation Information Technology Co., Ltd., Beijing Anzhi Technology Co., Ltd. and Xitong Haoli (Tianjin) Co., Ltd., which was announced this week by the U.S. Department of Commerce One of 11 new companies added to the entity list. Being placed on this list makes these companies face significant challenges in accessing U.S. goods and technology.
Export enforcement official Kevin Kurland said the banned companies were involved in purchasing U.S. artificial intelligence chips for Chinese military use, prompting the United States to impose restrictions on exports of advanced semiconductors and chip manufacturing equipment to China.
However, China strongly denies the accusations, with Foreign Ministry spokesman Mao Ning dismissing them as an attempt to “contain and suppress” Chinese companies. China vowed to take “necessary measures” to safeguard its interests in response to the U.S. action.
In addition, the United States has imposed export restrictions on five other companies accused of providing drone production for Russia’s involvement in Ukraine and Iran’s Red Sea attacks. The companies include Jiangxi Xintuo Enterprise Co., a Chinese company said to be supporting Russia’s drone program, and a network of companies supplying drone parts to Iran.
China has condemned the U.S. measures, saying they undermine normal economic cooperation with Russia. As tensions between China and the United States continue to simmer, these latest developments highlight the complexity of the economic and geopolitical relationship between the two global powers.With TOI input
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