US puts Chinese firms helping military on trade blacklist,


Source: singaporenewslive.com singaporenewslive.com

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WASHINGTON (REUTERS) – The US government put a dozen Chinese companies on its trade blacklist on Wednesday (Nov 24) for national security and foreign policy concerns, citing in some cases their help developing the Chinese military’s quantum computing efforts. The department also said several entities and individuals from China and Pakistan were added to the Commerce Department’s Entity List for contributing to Pakistan’s nuclear activities or ballistic missile program. The latest US action on Chinese companies comes amid growing tensions between Beijing and Washington over the status of Taiwan and trade issues. In total, 27 new entities were added to...