China firmly opposes the United States adding 23 Chinese entities to its "entity list" of export controls, and the nation will take necessary measures to protect legitimate rights and interests of Chinese entities, according to the Ministry of Commerce. A spokesperson of the MOC said on Sunday t...
Hikvision, the world's largest surveillance equipment manufacturer, was previously included in the US export control entity list in 2019. Being added to the Entity List means US suppliers must obtain special and hard-to-obtain licenses to ship goods to targeted companies. The US increasingly uses...
Over the past 100 years, China has made significant progress in the education sector. In 1921, the government only spend 1% of its fiscal expenditure on education; in 2012, educational spending was 4% of GDP and has grown ever since. In 2019, public spending on education reached a record ...
U.S. forces later shot down the balloon, which was the size of about three buses, off the coast of South Carolina, angering China. That month, the Commerce Department added five companies and one research institute to the entity list for supporting “China’s military modernization efforts, ...
The BIS, as stipulated by the US Export Administration Regulations, will add to the Entity List any party that fails to complete the end-use check within 60 days following the party's addition to the Unverified List, if these failures are due to a lack of cooperation by the host government...
While the document makes no mention of Huawei or ZTE equipment, it might impact the two Chinese companies as they were placed on the US entity “blacklist”, earlier in May, and on Friday, November 22, were voted unanimously as national security risks by the US Federal Communications Commissi...
power, Washington has added more than 600 Chinese companies and institutions onto its entity list. In October last year, the US Department of Commerce's Bureau of Industry and Security announced an extensive set of regulations that restricted chips made using US tools from being exported to China...
"The individuals concerned are prohibited from entering the mainland, Hong Kong and Macau of China, and Chinese citizens and institutions are prohibited from doing business with the relevant individuals and having exchanges with ...
Running a Chinese tech company is an increasingly tricky proposition. The US has placed another 36 Chinese groups on its trade blacklist, limiting access to advanced chips and technology. Of the group, Cambricon, China’s answer to Nvidia, is one to watch. The so-called entity list effectivel...
“Any entity considering evading our restrictions, particularly related to Iranian petrochemicals, should take this message seriously,” said one official. “We recently sanctioned Zhuhai Zhenrong . . . for knowingly engaging in a significant transaction for the purchase or acquisition of crude...