August 01 10:49
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- U.S. Imposes Export Restrictions on 44 Chinese Entities
The U.S. has added 44 Chinese entities to a list of firms and research institutes that allegedly act contrary to its national security or foreign policy interests, according to a document released Wednesday by the U.S. Commerce Department’s Bureau of Industry and Security.
The move comes at a time when the Sino-U.S. trade war is escalating. All the newly listed entities now face stringent export control measures, as the U.S. imposes additional license requirements on exports, re-exports, and transfers to them, according to the document. The U.S. also limits the availability of most license exceptions.
Among the entities, 17 were accused of being involved in the illicit procurement of U.S. commodities and technologies for unauthorized military end-use in China. For the other 27, the U.S. believes that “there is an unacceptable risk of use in (or diversion of U.S.-origin items to) military end-use activities in China.”