Caixin
Aug 25, 2022 04:20 AM
TECH

U.S. Expands Export Sanction to Seven More Chinese Tech Firms

What’s new: The United States added seven Chinese state-affiliated companies in the aerospace and semiconductor sectors to its so-called Entity List for export controls, citing national security concerns.

According to a statement Tuesday by the U.S. Department of Commerce, the newly added entities include four research institutes under China Aerospace Science and Technology Corp., two under state-owned military technology firm China Electronics Technology Group Corp. and satellite company Zhuhai Orbita Control Systems.

The Commerce Department said it added the entities for “acquiring and attempting to acquire U.S.-origin items in support of China’s military modernization efforts.”

Background: The Entity List prohibits U.S. companies from doing business with certain foreign entities and individuals. It includes about 600 Chinese companies and institutions deemed to be operating against U.S. national security and foreign policy interests.

Companies already on the list include Chinese telecom giant Huawei Technologies Co. Ltd., leading chipmaker Semiconductor Manufacturing International Corp. and surveillance technology leader Hangzhou Hikvision Digital Technology Co.

The Entity List played a major role in Washington’s 2019 campaign to curb China’s rising technological prowess. More than 110 companies have been added to the list since U.S. President Joe Biden took office.

Quick Takes are condensed versions of China-related stories for fast news you can use.

Contact reporter Han Wei (weihan@caixin.com) and editor Bob Simison (bob.simison@caixin.com)

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