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Chinese language and U.S. flags flutter outdoors an organization constructing in Shanghai, China November 16, 2021.
Aly Music | Reuters
WASHINGTON – The Biden administration added a dozen Chinese language corporations to its commerce blacklist on Wednesday citing nationwide safety in addition to overseas coverage issues.
Eight expertise entities primarily based in China have been added to the checklist for his or her alleged function in helping the Chinese language navy’s quantum computing efforts and buying or trying “to amass U.S. origin-items in assist of navy functions.”
U.S. officers have lengthy complained that Chinese language corporations are beholden to the Folks’s Republic of China and accumulate delicate info on behalf of the Folks’s Liberation Military. The Chinese language Communist Celebration has beforehand mentioned that it doesn’t interact in industrial espionage.
The Commerce Division additionally listed 16 entities and people working in China and Pakistan for his or her work on Islamabad’s nuclear and ballistic missile program. In all, the Biden administration added 27 entities and people positioned within the Folks’s Republic of China, Pakistan, Russia, Japan and Singapore.
“International commerce and commerce ought to assist peace, prosperity, and good-paying jobs, not nationwide safety dangers,” wrote U.S. Secretary of Commerce Gina Raimondo in a press release. “The Division of Commerce is dedicated to successfully utilizing export controls to guard our nationwide safety.”
The Chinese language Embassy in Washington didn’t instantly reply to CNBC’s request for remark.
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