US restricts trade with more Chinese technology firms

The US government has added a dozen more Chinese companies to its restricted trade list, citing national security and foreign policy concerns.

 

Washington says that some of the firms are helping develop the Chinese military’s quantum computing programme.

 

This latest move comes as tensions grow between the US and China over the status of Taiwan and other issues.

 

Trade was among the items discussed at a virtual summit between the leaders of both countries earlier this month.

 

Eight Chinese-based technology firms were added to the so-called “Entity List” for their alleged role in assisting the Chinese military’s quantum computing efforts and acquiring or attempting “to acquire US origin-items in support of military applications”.

 

This entity list has increasingly been used for national security reasons since the previous Trump administration.

 

The US Commerce Department also said 16 individuals and entities operating in China and Pakistan were added to the list due to their involvement in “Pakistan’s unsafeguarded nuclear activities or ballistic missile program.”

 

A total of 27 new entities were added to the list from China, Japan, Pakistan, and Singapore.

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