US Designates 89 Chinese Firms With Military Ties In New Drafted Sanction List

89 Chinese aerospace and other companies are set to declare to have close ties with eth Chinese military, according to the Trump administration and will be restricting them from acquiring and purchasing a range of goods and technology developed by American companies or individuals, claimed a report from the news agency Reuters citing information from a draft copy of the list. The publishing of the list and implementing the restrictions poses the threat of further aggravating the already strained ties with China and adversely impact those American companies as well that sell civil aviation components to Chinese companies, among other…