US adds a dozen Chinese companies to its trade blacklist

The US Commerce Department on Wednesday added a dozen Chinese companies to a trade blacklist, saying that some of the firms have supported the modernization of China’s army.US officials called the move part of an effort to prevent emerging US technologies from being used for quantum computing efforts that would support China’s military, such as “counter-stealth and counter-submarine applications.” The Commerce Department also cited concerns about China’s “ability to break encryption or develop unbreakable encryption.” And it said that several entities from China and Pakistan were added to the list for contributing to Pakistan’s nuclear activities or ballistic missile program. Tensions between the United States and China that escalated

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Making friends as you start a new life

As the excitement of moving into a brand-new home builds, remember that this next move is more than an opportunity to build a house...

US adds a dozen Chinese companies to its trade blacklist

The US Commerce Department on Wednesday added a dozen Chinese companies to a trade blacklist, saying that some of the firms have supported the...

A complete guide to what is — and isn't — open this Thanksgiving Day

Enlarge this image Shoppers wear protective face masks as they look...