(JW Insights) Apr 20 -- The US Department of the Treasury added four Chinese companies to a sanctions list on April 19 on the grounds of providing electronic components to PASNA (an entity involved in Iran’s military activities), JW Insights learned. The four companies from China subject t...
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"It is not the right way to seek dialogue and cooperation while putting the other on the sanctions list," he said at a welcoming event hosted by the US-China Business Council.
The trade blacklist will make it harder for US suppliers to ship technology to companies on the list. Tu said that Washington's abuse of state power and technological hegemony to impose sanctions on Chinese companies and hinder their ...
circuits, to LLC Testkomplekt, another Russian company that was placed on the U.S. blacklist. Wednesday’s actions by the U.S. Treasury Department are deemed as one of the most wide-ranging sanctions against Chinese companies so far in U.S. government’s sanctions on Russia. The Biden ...
The new sanctions came days after China's Ministry of Commerce announced inclusion of U.S. companies to unreliable entities list as they sold arms to the Taiwan region. The companies include General Atomics Aeronautical Systems, General Dynamics Land Systems, and Boeing Defense, Space & Security....
LONDON (ICIS)--US authorities have moved to tighten the blockade on foreign investment into Iran, issuing sanctions on several China and Hong Kong-based firms as well as one Emirati entity for dealing with Iranian petrochemicals players. The US State Department stated late on Thursday that it ...
Addition of SMIC and Other PRC Companies to BIS Entity List BIS’s addition of SMIC and other PRC enterprises and institutions to the “Entity List” caps a year of intensified export control sanctions against major PRC entities because of their alleged participation in “military-civil...
In the meantime, China's previous sanctions on US individuals who have seriously undermined China's sovereignty and interests on Xinjiang-related issues remain effective. The Chinese government is firmly determined to safeguard its...
“The US semiconductor sanctions are proving to be a catalyst for enhanced China growth. A slowdown in China chip production was more a result of pandemic lockdowns than sanctions last year,” said Castellano.The only winners in these sanctions to date have been Chinese Equipment companies. The...