Caixin
Mar 03, 2023 04:13 PM
WORLD

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

Shipping containers at the Yusen container terminal at the Port of Los Angeles in Los Angeles on Feb. 16. Photo: Bloomberg
Shipping containers at the Yusen container terminal at the Port of Los Angeles in Los Angeles on Feb. 16. Photo: Bloomberg

(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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