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U S blacklists dozens of Chinese firms including SMIC, DJI | The Asahi Shimbun: Breaking News, Japan News and Analysis

U S blacklists dozens of Chinese firms including SMIC, DJI | The Asahi Shimbun: Breaking News, Japan News and Analysis
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U S blacklists dozens of Chinese firms including SMIC, DJI

6 Min Read WASHINGTON (Reuters) - The United States added dozens of Chinese companies, including the country’s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist on Friday as U.S. President Donald Trump’s administration ratchets up tensions with China in his final weeks in office. Reuters first reported the addition of SMIC and other companies earlier on Friday. The move is seen as the latest in Republican Trump’s efforts to burnish his tough-on-China image as part of lengthy fight between Washington and Beijing over trade and numerous economic issues. The U.S. Commerce Department said the action against SMIC stems from Beijing’s efforts to harness civilian technologies for military purposes and evidence of activities between SMIC and Chinese military industrial companies of concern.

Additional due diligence may be required for many exports to China | Thompson Coburn LLP

To embed, copy and paste the code into your website or blog: The United States continues to tighten controls on the People’s Republic of China. In this article we address three regulatory changes that highlight the need for enhanced due diligence when dealing with China: 1) restrictions on recent additions to the Entity List; 2) controls on military end-uses and military end-users; and 3) elimination of Hong Kong as a separate destination under the Export Administration Regulations (EAR). Entity List On December 22, 2020, the Bureau of Industry and Security (BIS) added 59 Chinese entities to the Entity List, thereby expanding the licensing requirements on export transactions with these entities. See Notice at 85 Fed. Reg. 83416. The additions to the Entity List are the result of the collective determination by the Departments of Commerce, State, Defense, Energy, and where appropriate, the Treasury (collectively, the “End-User Review Committee”) that these entities are engagi

U S blacklists dozens of Chinese firms including SMIC, DJI

The United States added dozens of Chinese companies, including the country's top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co Ltd, to a trade blacklist on Friday as U.S. President Donald Trump's administration ratchets up tensions with China in his.

US Imposes Technology Transfer And Export Restrictions On Dozens Of Chinese Companies, Including Top Chipmaker And Drone Manufacturer - International Law

To print this article, all you need is to be registered or login on Mondaq.com. On December 18, 2020, the US Department of Commerce Bureau of Industry and Security (BIS) announced the designation of 60 additional Chinese companies to its Entity List, including SMIC, China s largest semiconductor manufacturer; over 25 affiliates of China State Shipbuilding Corporation (CSSC); and several other companies in a range of sectors (the Designations ). As of that date, a license is now required for any export, re-export or transfer of technology, goods or software of items subject to US export controls for which any of the targeted entities is a party

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