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

On January 2nd, China announced that it was adding 28 US entities to its export restriction list, along with 10 US entities that were deemed unreliable.

On January 2, China's Ministry of Commerce 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 has imposed export restrictions on US defense companies such as Boeing and Lockheed Martin.

China also added 10 US entities to its list of unreliable entities, citing their alleged arms sales to Taiwan. A spokesperson for China's Ministry of Commerce stated that these actions were aimed at protecting national security and interests, as well as fulfilling its nuclear non-proliferation obligations and other international obligations.

"The Chinese government will continue to vigorously promote opening up at a high level, firmly safeguard the legitimate rights and interests of various business entities, and promote the development of trade in accordance with regulations," said a spokesperson for the Chinese Ministry of Commerce.

China and the US continue to engage in confrontational trade actions.

According to The New York Times , Beijing is taking a tougher stance toward Washington in preparation for the return of US President-elect Donald Trump to the White House. During his first term, Trump imposed tariffs and trade restrictions on China. President Joe Biden's term also saw an export ban on dual-use goods targeting 140 Chinese companies. On January 2nd, the US Department of Commerce announced 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 because they engaged in arms sales to Taiwan, seriously undermining China's sovereignty and territorial integrity, while emphasizing that other foreign entities operating in good faith and respecting 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