The US blacklisted dozen of Chinese technology companies
Chinese and US flags fly in front of a company building in Shanghai, China, 16 November 2021.
Aly song | Reuters
WASHINGTON – The Biden government blacklisted a dozen Chinese companies on Wednesday, citing both national security and foreign policy concerns.
Eight China-based technology companies were added to the list because of their alleged roles in assisting the Chinese military’s quantum computing efforts and in acquiring or attempting to acquire “US-origin items in support of military applications.”
US officials have long complained that Chinese companies are obligated to the People’s Republic of China and collect sensitive information on behalf of the People’s Liberation Army. The Chinese Communist Party previously stated that it does not engage in industrial espionage.
The Ministry of Commerce also listed 16 companies and individuals operating in China and Pakistan for their work on the Islamabad nuclear and missile program. In total, the Biden government added 27 companies and individuals in the People’s Republic of China, Pakistan, Russia, Japan and Singapore.
“Global trade and commerce should promote peace, prosperity and well-paying jobs, not national security risks,” US Secretary of Commerce Gina Raimondo wrote in a statement. “The Department of Commerce is committed to using export controls effectively to protect our national security.”
The Chinese embassy in Washington did not immediately respond to CNBC’s request for comment.
The Department of Commerce’s list of companies imposes trade restrictions on individuals and companies believed to be engaging in unfavorable or unethical activities.