China imposed export controls on 10
American companies and banned government procurement from 46 U.S. firms
¨ China imposed export
controls on 10 American companies and banned government procurement from 46
U.S. firms.
¨
The measures were
announced by China's Ministry of Commerce and the Ministry of Finance.
¨
The action was taken in
response to the U.S. Department of Defense expanding its list of Chinese
military companies.
China added the following 10 U.S.
companies to its Export Control List:
1. Aveox
2. Red
Cat Holdings
3. Teal
Drones
4. IMSAR
5. Jaia
Robotics
6. Ball
Aerospace & Technologies
7. Oshkosh
Defense
8. L3Harris
Maritime Services
9. MP
Materials
10. USA
Rare Earth
The export controls apply to dual-use items.Dual-use
items are goods, software, or technologies that have both civilian and military
applications.Under the new rules, dual-use items cannot be exported to the
listed companies.Organisations and individuals outside China are also
prohibited from transferring or supplying China-origin dual-use items to these
entities.All ongoing export activities involving these companies must cease
immediately.China's Ministry of Finance also prohibited government procurement
agencies from purchasing products made by 46 U.S. companies.The procurement ban
includes major defence firms such as Lockheed Martin, Raytheon Missiles &
Defense, and Boeing Defense, Space & Security.
