Chinese companies hit by US trade restrictions over spy balloon incident | WIBQ The talk station

WASHINGTON (Reuters) – The Biden administration placed dozens of Chinese companies on a trade restrictions list on Thursday, including some for allegedly supporting the spy balloon that flew over the United States last year, ratcheting up tensions between Beijing and Washington.

The Commerce Department also said it was listing some units of the China Electronics Technology Group for allegedly attempting to procure American technology to support China’s quantum technology capabilities, “which has serious implications for U.S. national security due to their military applications.” has”.

According to media, the state-owned China Electronics Technology Group is a top supplier of military equipment.

The trade restrictions list, known as the Entity List, has been used aggressively by the United States to curb the flow of technology to China amid fears Beijing could use it to bolster its military capabilities.

Inclusion on the list will make it more difficult for US suppliers to deliver to target companies.

China Electronics Technology Group could not immediately be reached for comment. The Chinese Embassy in Washington did not immediately respond to a request for comment

(Reporting by Caitlin Webber, Karen Freifeld and Alexandra Alper; Writing by Alexandra Alper; Editing by Jonathan Oatis)