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Washington intends to blacklist 8 Chinese companies

Noah by Noah
December 15, 2021
in World
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Washington intends to blacklist 8 Chinese companies
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The Financial Times said Washington will blacklist eight Chinese companies.

The newspaper added that among the Chinese companies that will be sanctioned by Washington is a company that manufactures drones.

In November, the United States decided to add dozens of Chinese companies to a trade blacklist, which China criticized.

“The US Department of Commerce’s publication of a new sanctions list does not align with the consensus agreed upon by the leaders of China and the United States,” said Xu Guoting, a spokeswoman for the Chinese Ministry of Commerce last month.

She stated that Washington’s taking of this step is harmful to the two countries, the security of the global supply chain, and the recovery of the global economy.

The US Commerce Department added about a dozen Chinese companies to its “Entity List” yesterday, for their involvement in activities contrary to national security or foreign policy interests.

Suppliers will not be able to deal with the companies on the list unless they obtain special permission to do so.

US President Joe Biden and Chinese President Xi Jinping met last month in their first face-to-face meeting, in which the two sides stressed the need for more talks between their governments.

Tags: blacklistChinesecompaniesintendsWashington
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