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How will the Pentagon’s expanded blacklist of Chinese firms affect Xi’s US visit?
Key Points
How will the Pentagon’s expanded blacklist of Chinese firms affect Xi’s US visit? Washington’s latest move tests fragile ‘stability’ reached at leadership summit in Beijing and highlights intense competition, analysts say On Monday, the US Defence Department released its updated Section 1260H list as required by American law, expanding the roster to 188 entities, up from 134 last year. Many of China’s technology and industrial giants were targeted.
How will the Pentagon’s expanded blacklist of Chinese firms affect Xi’s US visit?
Washington’s latest move tests fragile ‘stability’ reached at leadership summit in Beijing and highlights intense competition, analysts say
On Monday, the US Defence Department released its updated Section 1260H list as required by American law, expanding the roster to 188 entities, up from 134 last year. Many of China’s technology and industrial giants were targeted.
The list also included pharmaceutical firm Wuxi AppTec, robot maker Unitree, networking equipment company TP-Link, solar firms JA Solar Technology and Trina Solar, and battery producers CALB and EVE Energy.
Alibaba owns the South China Morning Post. “There’s no basis to conclude that Alibaba should be placed on the Section 1260H List,” it said in an emailed response to the SCMP.
China’s foreign ministry blasted the Pentagon’s “discriminatory” move, with ministry spokesman Lin Jian saying on Tuesday that Beijing “firmly opposes the US overstretching the concept of national security and formulating various types of discriminatory lists to go after Chinese businesses”.