US moves to ban tech exports to 89 Chinese firms, Reuters says


Source: statenews.net statenews.net

Key Topics in this News Article:

News Snapshot:

The Trump administration is close to issuing a list of 89 Chinese aerospace and other companies that would be unable to access US technology exports due to their military ties, Reuters reported, a move that could escalate tensions as the Biden administration prepares to take over. A spokesperson for the US Department of Commerce declined to comment, Reuters said. Commercial Aircraft Corp of China, or Comac, and Aviation Industry Corp of China are among the firms named, Reuters reported, citing a draft copy of the list from the US Commerce Department. Such a declaration would restrict the companies from buying...