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Still, sanctions by Beijing targeting American defense companies tend to have a muted impact given that U.S. military firms don't sell arms or related goods to China. The tit-for-tat trade ...
The US Defense Department has added Chinese tech companies Tencent, a social media and gaming giant, and CATL, the world’s largest battery maker, to a list of firms that it alleges work with ...
The annually updated list of Chinese military companies, formally mandated under U.S. law as the "Section 1260H list," designated 134 companies, according to a notice posted to the Federal Register.
A related Executive Order 14032 ("Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China") was signed by President Joe Biden on June 3, 2021. The national emergency declared by E.O. 13959 remains in effect and has been expanded by E.O. 14032.
According to the Bureau of Industry and Security, there were approximately 600 People's Republic of China (PRC) entities on the Entity List as of 2022. [15] Designated entities consist of mainly companies and research institutions (including universities like Harbin Institute of Technology) involved in military technology, 5G, AI, and other advanced technologies. [15]
The United States government applies economic sanctions against certain institutions and key members of the government of the People's Republic of China and its ruling Chinese Communist Party (CCP), certain companies linked to the People's Liberation Army (PLA), and other affiliates that the U.S. government has accused of aiding in human rights abuses.
As part of the sweeping sanctions, the US could add 200 Chinese chip firms to its trade blacklist, Wired reported. The controls could also include restrictions around trading memory chips, which ...
Executive Order 14032, titled Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China, was an executive order signed by United States president Joe Biden on June 3, 2021. [1] [2] The order came into effect on August 2, 2021. [3]