“The Ministry of Trade of the People’s Republic of China announced a ban on the supply of dual-purpose goods to 28 US defense companies.”, — write: epravda.com.ua
The Ministry of Trade of the People’s Republic of China announced a ban on the supply of dual-purpose goods to 28 US defense companies. This was reported by the South China Morning Post, Interfax-Ukraine reports. “In order to ensure national security and interests, the authorities took these measures on the basis of the law on export control and regulation of the export of dual-use goods,” the publication quotes excerpts from the department’s statement. The Ministry of Trade clarified that the authorities took this step, in particular, within the framework of monitoring the non-proliferation of nuclear weapons. Advertisement: Among the companies that have come under trade restrictions are General Dynamics, Boeing Defense, Space & Security, Lockheed Martin Corporation, Raytheon Missiles & Defence. In addition, on Thursday, the Ministry of Trade of the People’s Republic of China published another statement, according to which dozens of foreign defense companies were included in the lists of unreliable contractors in connection with arms sales to the Taiwanese authorities. Reminder: Advertisement: American investors in Chinese venture capital funds are rushing to comply with new rules that prohibit them from supporting companies that develop artificial intelligence and other advanced technologies used by China’s People’s Liberation Army.