New sanctions from the USA: 37 Chinese companies added to the list

The US Department of Commerce announced that 37 Chinese companies operating in the fields of quantum and nuclear energy technologies and unmanned aviation were included in the ‘asset list’. Companies on the list cannot sell products or services without special authorisation from the government. 

The US reported that 37 Chinese companies operating in the fields of quantum and nuclear energy technologies and unmanned aviation have been placed on the ‘asset list’ to be subject to export controls. In a statement made by the US Department of Commerce, it was stated that measures were applied to the companies in question due to their activities contrary to the national security and foreign policy interests of the USA.

In the statement, it was stated that 22 of the companies were included in the sanctions list on the grounds that ‘their role in China’s advances in the field of quantum technologies and their acquisition or attempted acquisition of technologies developed in the USA in this field’, and that these activities may have concrete applications in the military field and therefore pose a threat to the national security of the USA. In the statement, it was noted that some of these companies were also linked to China’s nuclear programmes and ‘transferred some controlled materials to this country after Russia’s invasion of Ukraine’. 11 companies were included in the sanctions list due to their role in China’s High Altitude Balloon programme, the statement said, pointing out that it was in addition to the sanctions imposed on 6 Chinese companies operating in this field after the crisis that emerged when a Chinese high-altitude balloon entered US airspace in February 2023.

In the statement, it was stated that 4 companies were included in the list on the grounds that they attempted to obtain US-origin products used in unmanned aerial vehicle systems for the use of the Chinese military.

Reaction from China
Chinese Foreign Ministry Spokesperson Lin Cien, in a statement on the injunction, argued that the US is abusing the asset list and export controls to target Chinese companies. “China and Russia have the right to establish normal economic and trade relations, and this co-operation cannot be restricted by foreign interference,” spokesperson Lin said regarding the alleged transfer of controlled materials to Russia. Stating that the US has been suppressing Chinese companies for a long time, citing “national security risks”, but did not provide any evidence on this issue, Lin said: “We call on the US to stop stretching the concept of national security too far, politicising or weaponising trade and technology issues, and using different sanctions lists to suppress Chinese companies.” Lin stressed that Chinese companies will do what is necessary to protect their legitimate rights and interests. Companies on the US export control list cannot be sold products or services without special authorisation from the government.

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