Good Articles to Share

China slams US for adding firms to export control list, vows action

Tan KW
Publish date: Sun, 25 Aug 2024, 05:13 PM
Tan KW
0 470,207
Good.

BEIJING China's Ministry of Commerce said on Sunday it strongly opposed a US decision to add multiple Chinese entities to its export control list over Russia-related issues.

The US on Friday added 105 Russian and Chinese firms to a trade restriction list over their alleged support of the Russian military.

The companies - 42 Chinese, 63 Russian and 18 from other countries - were targeted for reasons from sending US electronics to Russian military-related parties to producing thousands of Shahed-136 drones for Russia to use in its invasion of Ukraine.

US suppliers must get difficult-to-obtain licences in order to ship to companies on the "entity list", as it is called.

China's ministry said the US action disrupts the international trade order and hinders normal economic exchanges, adding China would take necessary measures to resolutely safeguard the legitimate rights of its companies.

 


  - Reuters

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment