China hits back at U.S. sanctions restricting its exports to American defense firms

Image for article China hits back at U.S. sanctions restricting its exports to American defense firms
News Source : NPR

News Summary

  • u.s. Defense Department added several tech companies including Alibaba and Baidu to its list of firms that it says have links to the Chinese military.
  • Commerce Ministry said Chinese companies would be blocked from exporting "dual-use" items to the 10 companies.
  • Separately, the Finance Ministry said that government entities would be prohibited from buying products from 46 American companies including multiple units of Lockheed Martin, Raytheon and General Dynamics.
  • The 10 companies are AVEOX in Simi Valley, California; Red Cat Holdings and Teal Drones, both in South Salt Lake, Utah; IMSAR in Springville, Utah.
BEIJING China on Monday announced sanctions on 10 American militaryrelated companies in response to a recent U.S. move that bars some leading Chinese tech companies from defense contracts.

Must read Articles