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3 month ago
From Forbes

China Urges U.S. To Stop Bullying With Blacklist, Vows To Take Action




China is threatening to impose countermeasures against the U.S. after the Trump administration blacklisted another 59 Chinese companies.
The Chinese Ministry of Commerce said on Saturday that the U.S. had abused export control measures to suppress Chinese companies. China will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies, the ministry’s spokesperson said. “We once again urge the U.S. to stop unilateralism and bullying, give fair treatment to companies from all countries, including Chinese companies,” the spokesperson added.
On Friday, the U.S. Department of Commerce added the 59 Chinese companies to its trade blacklist due to their alleged ties to the country’s military, human rights abuses and theft of U.S. trade secrets.
China’s largest chipmaker SMIC (Semiconductor Manufacturing International Corporation) and related entities were included on the list based on evidence of activities between the companies and the Chinese military industrial complex, the Commerce Department said.

 
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