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U.S.-China standoff escalates: The U.S. places 42 Chinese companies on its export control list

Recently, Sino-US relations have further escalated, and the US Department of Commerce added 42 Chinese companies to the export control list on October 6, local time, accusing these companies of "supporting the Russian defense industrial base", a move that further exacerbated tensions between the two countries.

U.S.-China standoff escalates: The U.S. places 42 Chinese companies on its export control list

The Russian defense industrial base refers to the industrial system in Russia aimed at meeting the country's military needs and maintaining national security. It has evolved and evolved over decades. It covers several fields, such as aerospace, naval industry, missile defense systems, army weaponry, etc. The development of these fields involves not only high-end technology and innovation, but also a broad industrial chain and an industrial system of coordinated development.

In addition to the export control list of 42 Chinese companies, the U.S. government announced that it would add seven entities from other countries to the same list. The 7 entities are from Finland, Germany, India, Turkey, the UAE and the UK. After entities in these countries are included in export control lists, U.S. suppliers need to obtain permission from the U.S. government to supply goods to them.

U.S.-China standoff escalates: The U.S. places 42 Chinese companies on its export control list

In the past year, the United States has repeatedly taken measures to suppress Chinese enterprises. At the end of September, the U.S. Department of Commerce announced that it would add some Chinese entities to the list of entities subject to export controls. In response, a spokesperson for China's Ministry of Commerce responded on September 27, pointing out that the United States had imposed sanctions on Chinese entities on the grounds of so-called military, Iraq, and Russia. The Chinese side firmly opposes this approach.

U.S.-China standoff escalates: The U.S. places 42 Chinese companies on its export control list

The United States generalizes national security, abuses export control measures, and cracks down on enterprises and individuals in other countries, showing typical characteristics of economic coercion and unilateral bullying. The US side should immediately correct its mistakes and stop its unreasonable suppression of Chinese enterprises and individuals. China will resolutely safeguard the legitimate rights and interests of Chinese enterprises and individuals.

U.S.-China standoff escalates: The U.S. places 42 Chinese companies on its export control list

In recent years, Sino-US trade frictions have been escalating, and the two sides have launched a series of trade wars and sanctions in the fields of economy and trade, science and technology, and finance. Under the pretext of national security, the US side has imposed restrictions and sanctions on Chinese enterprises, which has brought serious negative impacts to Sino-US relations.

The US suppression of Chinese enterprises has aroused widespread concern and doubts from the international community. Many countries believe that the US approach not only violates market rules and international trade norms, but also has a negative impact on global economic stability and cooperation.

China has always firmly safeguarded its own interests and national dignity. The Chinese government and relevant departments have taken a series of response measures to protect the legitimate rights and interests of domestic enterprises and individuals. At the same time, China also calls on the international community to work together to safeguard an open, just and non-discriminatory international economic and trade order and promote the building of a stable, just, open and transparent global economic system.

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