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The move is the latest escalation in the industry between Beijing and Washington over products important to national security.
By Alexandra Stevenson
Report from Hong Kong
China on Thursday singled out dozens of companies from the United States, including Raytheon, Boeing and Lockheed Martin, in a series of punitive trade measures that could ratchet up tensions between the two superpowers.
With weeks to go before President-elect Donald J. Trump takes the office with a promise to impose new tariffs and sanctions on China, Beijing is once again showing it is ready to strike back.
China’s Ministry of Commerce said it had added 28 corporations to an export list to “safeguard national security and interests. ” It also prohibited the export to these corporations of so-called dual-use items, which have civil and military applications. placed 10 corporations on what he calls an “untrustworthy entity list” connected to arms sales to Taiwan, preventing them from doing business in China and banning their executives from entering or living in the country.
The Chinese government has taken, albeit more limited, measures in the future against those companies, most of which have a limited presence in China, said Andrew Gilholm, a China expert at the consulting firm Control. Risks.
“Most of this is probably at the symbolic level because so many of these entities were already subject to sanctions,” he said. But, he added, “what we’re seeing is the widening scope and number of entities being added in a single listing.”
Among the companies questioned through China were major U. S. defense formula manufacturers, along with Raytheon Missile Systems, Boeing Defence, Space and Security and Lockheed Martin Missiles and Fire Control. The corporations did not respond to emailed requests for comment.
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