WhatsApp Logo Subscribe
For News Alert

News

US imposes trade curbs on Chinese firms over balloon incident

By AFP

May 10, 2024 09:50 AM


Representational image

Twitter Share Facebook Share WhatsApp Share

The United States added 37 Chinese entities to a trade blacklist Thursday, including some companies accused of supporting a suspected spy balloon that flew over US soil last year.

The Commerce Department said it also took aim at those that sought to acquire US goods to advance China's quantum technology capabilities.

"These activities have substantial military applications and pose a significant threat to US national security," said the Commerce Department in a statement.

Companies added to the so-called "entity list" are restricted from obtaining US items and technologies without government authorization.

The latest additions over China's "high altitude balloon program" come after the Commerce Department added six Chinese entities to the trade restriction list in February 2023 over the balloon incident.

The balloon's days-long flyover from Alaska to South Carolina captured the attention of many Americans, before the US military shot it down off the country's east coast.

On Thursday, the Commerce Department added that certain targeted entities this time were linked to advancements in China's nuclear programs as well, or were "involved in the shipment of controlled items to Russia" after Moscow's invasion of Ukraine in 2022.

The latest update to the entity list marks a key step in addressing the challenges posed by China, said Under Secretary of Commerce for industry and security Alan Estevez.

"We must remain vigilant in our efforts to prevent entities such as these from accessing US technologies that could be used in ways that harm our national security," he added in a statement.


AFP


Most Read

  1. Brother shot dead over distribution of Qurbani meat in Azad Kashmir Brother shot dead over distribution of Qurbani meat in Azad Kashmir
  2. Sania Mirza to marry cricketer Mohammad Shami? Sania Mirza to marry cricketer Mohammad Shami?
  3. Former president of Landi Kotal Press Club shot dead by unknown assailants Former president of Landi Kotal Press Club shot dead by unknown assailants
  4. Rs200 Prize Bond June 2024 Draw announced: Check results here Rs200 Prize Bond June 2024 Draw announced: Check results here
  5. Fault in global submarine cable affects internet service in parts of Pakistan Fault in global submarine cable affects internet service in parts of Pakistan
  6. Unbelievable: Thieves steal entire mobile phone tower in Larkana Unbelievable: Thieves steal entire mobile phone tower in Larkana

Opinion

  1. An Unmissable Opportunity: The Time for Modi and Islamabad leadership to Resume Bilateral Dialogue is Now!
    An Unmissable Opportunity: The Time for Modi and Islamabad leadership to Resume Bilateral Dialogue is Now!

    By Sudheendra Kulkarni

  2. Premier Shehbaz and Chinese model
    Premier Shehbaz and Chinese model

    By Naveed Aman Khan

  3. Modi's myth broken, yet in power
    Modi's myth broken, yet in power

    By Naveed Aman Khan

  4. Xi, Shehbaz and CPEC phase - 2
    Xi, Shehbaz and CPEC phase - 2

    By Naveed Aman Khan

  5. Pakistan's UNSC Triumph: A New Era
    Pakistan's UNSC Triumph: A New Era

    By Dr Asif Channer

  6. Shehbaz, Deng, Xi and transformation
    Shehbaz, Deng, Xi and transformation

    By Naveed Aman Khan