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.
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