12 more Chinese companies are placed on US export blacklist

The US government added a dozen more Chinese firms to its export blacklist on Wednesday, the latest move from Washington to crack down on American business ties to China’s hi-tech defence sector.“Global trade and commerce should support peace, prosperity and good-paying jobs, not national security risks,” US Secretary of Commerce Gina Raimondo said in a statement.The additions to the Commerce Department’s blacklist, known officially as the entity list, include quantum computing companies,…


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