China imposes export restrictions on Boeing, General Dynamics, Lockheed Martin

On January 2, China announced 28 US entities on its export restriction list, along with 10 US entities listed as unreliable units.

China's Ministry of Commerce on January 2 added 28 US entities to its export control list, banning the export of dual-use items (products that can be used for both civilian and military purposes) to the named companies, including leading US defense corporations such as General Dynamics, Boeing Defense, Space & Security and Lockheed Martin, according to the Global Times .

China imposes export restrictions on US defense companies such as Boeing, Lockheed Martin

China also added 10 US entities to its unreliable entity list, citing their arms sales to Taiwan. A spokesperson for the Chinese Ministry of Commerce said the agency’s moves were aimed at safeguarding national security and interests, and fulfilling its nuclear non-proliferation and other international obligations.

“The Chinese government will continue to vigorously promote high-level opening-up, firmly protect the legitimate rights and interests of various business entities, and promote the development of trade in accordance with the law,” a spokesperson for China's Ministry of Commerce said.

China - US continue to have trade confrontation moves

According to The New York Times , Beijing is taking a tough stance on Washington in preparation for the return of US President-elect Donald Trump to the White House. During his first term, Mr. Trump imposed tariffs and trade restrictions on China. US President Joe Biden's term also imposed a ban on dual-use exports targeting 140 Chinese companies. On January 2, the US Department of Commerce said it would consider imposing restrictions on Chinese unmanned aerial vehicles (UAVs).

A spokesperson for China's Ministry of Commerce added that the 10 entities were placed on the unreliable list for engaging in arms sales to Taiwan, which seriously undermined China's sovereignty and territorial integrity, and stressed that other foreign entities that operate in good faith and respect the law have nothing to worry about.

Source: https://thanhnien.vn/trung-quoc-ap-don-han-che-xuat-khau-len-hang-chuc-cong-ty-my-185250103075027138.htm