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US imposes sanctions on 9 more Chinese firms including COMAC and Xiaomi
Published on: 2021-01-15
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The Trump administration in its waning days took another swipe at China and its biggest firms on Thursday, imposing sanctions on officials and companies for alleged misdeeds in the South China Sea and imposing an investment ban on nine more firms.
 

The moves will further increase tensions with China, Washington's strategic rival in Asia, days before President-elect Joe Biden takes office on Wednesday. The Biden transition team did not immediately respond to a request for comment.
 

Executives of state-owned enterprises, officials of the Chinese Communist Party and military, along with oil giant CNOOC will face new restrictions.
 

Nine Chinese firms were added to the Pentagon's list of companies with alleged ties to the Chinese military, including planemakerComac and phone maker Xiaomi Corp.


Those companies will be subject to a new US investment ban which forces American investors to divest holdings of the blacklisted firms by Nov. 11, 2021.


Aside from Comac and Xiaomi, the Pentagon added Advanced Micro-Fabrication Equipment Inc, Luokung Technology Corp, Beijing Zhongguancun Development Investment Center, GOWIN Semiconductor Corp, Grand China Air Co Ltd, Global Tone Communication Technology Co Ltd and China National Aviation Holding Co Ltd to the list.
 

Representatives of the Chinese firms did not immediately respond to requests for comment.
 

美政府又“拉黑”9家中国企业

任期不足一星期的特朗普政府对中企的打压仍未停止!美国政府14日将9家中国企业列入所谓“与中国军方相关”的黑名单中,其中包括手机制造商小米及飞机制造商中国商飞。

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