December 19, 2020
1 min read

US Blacklists Dozens of Chinese Firms

The US Department of Commerce added more than 60 other entities to the Entity List for actions deemed contrary to the national security or foreign policy interest of the country…reports Asian Lite News

US Commerce Secretary Wilbur Ross

The US government has added a dozen Chinese companies including chipmaker Semiconductor Manufacturing International Corporation (SMIC) and drone company SZ DJI Technology Co Ltd to a trade blacklist.

The US Department of Commerce on Friday said that the action against SMIC stems from China’s military-civil fusion (MCF) doctrine and evidence of activities between SMIC and entities of concern in the Chinese military industrial complex.

Also Read: Biden, wife to get Pfizer vaccine shots on Monday

The “Entity List” designation limits SMIC’s ability to acquire certain US technology by requiring US exporters to apply for a licence to sell to the company.

“We will not allow advanced US technology to help build the military of an increasingly belligerent adversary,” US Commerce Secretary Wilbur Ross said in a statement.

“Entity List restrictions are a necessary measure to ensure that China, through its national champion SMIC, is not able to leverage US technologies to enable indigenous advanced technology levels to support its destabilising military activities,” added Ross.

US President Donald Trump and Chinese President Xi Jinping

Items uniquely required to produce semiconductors at advanced technology nodes – 10 nanometers or below – will be subject to a presumption of denial.

The US Department of Commerce added more than 60 other entities to the Entity List for actions deemed contrary to the national security or foreign policy interest of the country.

The ban on drone manufacturer DJI was also aimed at restricting export of advanced US technology.

The ban was put in place through the same mechanism as the US government’s ongoing restrictions on Chinese tech giant Huawei’s products, The Verge reported.

Previous Story

Biden, wife to get Pfizer vaccine shots on Monday

Next Story

Is Pakistan ready to align with Israel?

Latest from -Top News

Dhaka Celebrates 111 Years of Indian Cinema

Indian cinema, celebrating its 111th year in 2025, has a rich history, starting with the Lumiere brothers’ first film show in Mumbai…reports Asian Lite News An exhibition celebrating 111 years of Indian

Commonwealth Chief-Select Due in India

Botchwey will meet External Affairs Minister S Jaishankar and the two will hold discussions upon various matters related to the Commonwealth….reports Asian Lite News Commonwealth Secretary-Select Shirley Botchwey is set to visit

Priyanka Calls Israeli Attacks ‘Cold-Blooded Murder’

Priyanka Slams Israel’s Gaza Strikes as ‘Cold-Blooded Murder’…reports Asian Lite News Congress MP Priyanka Gandhi Vadra on Wednesday denounced Israel’s latest military strikes on Hamas targets in Gaza, describing them as “cold-blooded

India, Norway Forge Bold Trade Pact

The ministers exchanged views on pressing global trade issues, WTO reforms, and evolving geopolitical and economic trends…reports Asian Lite News India and Norway are looking to strengthen their trade and investment partnership,
Go toTop