News Snapshot:
A spokesperson from China’s Ministry of Commerce (MOFCOM) urged the US to immediately stop its erroneous practice of putting Chinese entities on its export control list, saying the move poses “a serious threat” to the stability of global supply and industrial chains, which will seriously hurt normal economic and trade cooperation between Chinese and US companies. The criticism came after the US added seven China-related entities, mostly related to aerospace, to its export control list, citing national security and foreign policy concerns, according to a notice published by the US Commerce Department on Tuesday. The seven entities include China Academy...