China announces new trade measures targeting a group of U.S. companies as retaliation for changes to the Pentagon’s “1260H” blacklist. According to multiple reports, the Pentagon updated the list earlier in the month by adding a range of Chinese technology companies that Washington says have helped support Beijing’s military. In response, Beijing places U.S. firms under restrictions. Quartz reports that China adds 10 American companies to its export control list and bars 46 others from government procurement contracts, with the targeted firms largely tied to the defense sector. CNBC similarly reports that the curbs apply to dozens of U.S. firms. The Next Web states the retaliation affects 56 U.S. companies and describes the scope as ranging from defense-related manufacturers to firms involved in areas such as drones and rare-earth mining. The reports portray the measures as part of a tit-for-tat escalation between Washington and Beijing, linking China’s trade restrictions directly to the Pentagon’s prior blacklist update. The coverage does not indicate that either side has revised the underlying rationale for the Pentagon’s additions or China’s new targeting criteria.
China retaliates against Pentagon blacklist with trade curbs on dozens of U.S. firms
China announces new trade measures targeting a group of U.S. companies as retaliation for changes to the Pentagon’s “1260H” blacklist. According to multiple reports, the Pentagon updated the list earl...
- China announces retaliation linked to the Pentagon’s updated “1260H” blacklist of Chinese entities.
- The Pentagon earlier adds multiple Chinese technology companies to its blacklist.
- China adds 10 U.S. companies to its export control list.
- China bars 46 other U.S. firms from government procurement contracts.
- The targeted U.S. firms include defense-related companies, with some reports citing drone and rare-earth mining firms.
China’s new trade curbs target 56 US companies, from rare-earth miners to drone makers. It is direct retaliation for Washington adding Chinese firms to its military blacklist. China has answered the Pentagon’s blacklist with one of its own. On Monday, Beijing aimed trade curbs at 56 American companies. The measures hit drone makers and defence […] This story continues at The Next Web
19 hours agoBeijing placed 10 American companies on its export control list and barred 46 others from government procurement contracts, targeting mostly defense industry players
19 hours agoThe Pentagon earlier this month updated its so-called 1260H list by adding a slew of Chinese technology companies to a roster of entities it believes have aided Beijing's military.
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