US Commerce Department has added 42 Chinese companies to its export blacklist, accusing them of aiding Russia's military
In a significant move, the US Commerce Department has added 42 Chinese companies to its export blacklist, accusing them of aiding Russia’s military and defense industrial base amidst the ongoing conflict in Ukraine. The companies, including semiconductor players in Hong Kong and mainland China, allegedly supplied US-origin integrated circuits to importers associated with the Russian military sector after March 1, 2023.
Apart from the 42 Chinese entities, seven other companies from Britain, Estonia, Finland, Germany, India, Turkey, and the United Arab Emirates also found themselves on the US export control list. These additions underscore the global implications of the conflict and the collaborative efforts to curb support for Russia’s military activities.
The US decision reflects a broader international effort to prevent the proliferation of advanced precision-guided weapons systems. The situation highlights the intricate challenges faced by nations in balancing economic interests and national security concerns in the face of global conflicts.Tensions Escalate: US tightens Chip Tool Exports to China
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