Latest Breaking News On - Aero engine company - Page 2 : comparemela.com

US Adds 58 Chinese Military-Linked Entities to New Trade Blacklist The United States has named 103 Chinese and Russian companies and entities to a new trade blacklist, banning them from acquiring U.S. technology. The Commerce Department released the new “Military End User” (MEU) list on Dec. 21, alleging that 58 Chinese and 45 Russian entities had ties to the two countries’ military forces. U.S. companies will now need to obtain a government license before they can “export, re-export, or transfer” goods to these blacklisted entities. “The Department recognizes the importance of leveraging its partnerships with U.S. and global companies to combat efforts by China and Russia to divert U.S. technology for their destabilizing military programs, including by highlighting red flag indicators such as those related to communist Chinese military companies identified by the Department of Defense,” Commerce Secretary Wilbur Ross said in a statement on Dec. 21.

Hong kongUnited statesWang wenbinMike pompeoWilbur rossSecond institute of oceanographyDepartment of defenseEngine company of chinaAviation industry corporation of chinaChinese communist partyPeople liberation armyHenan aerospace precision machiningCommerce departmentNational defense authorization actChina ministry of natural sourcesGovernment flying service