U.S. Expands Crackdown on China With Export Ban on Inspur, BGI

(Bloomberg) — The Biden administration on Thursday announced export restrictions for dozens of Chinese entities, including server-maker Inspur Group Co. Ltd. and units of genetics firm BGI Research, citing activities contrary to U.S. national security and foreign policy interest.
The Commerce Department added a number of companies to the so-called Entity List for acquiring or attempting to acquire U.S.-origin items in support of China’s military modernization efforts. The department also cited companies providing support to Russia’s military.
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