Categories
Brief Politics & Society

China adds ten US companies to military blacklist

China added MP Materials and USA Rare Earth, as well as eight other US entities it said are linked to ​the US military to its export control list, reports Reuters. This comes in shortly after Washington placed ‌several Chinese companies under restrictions this month.

Aveox, a motor manufacturer for mission-critical applications, was also among those placed on the list, which halts Chinese dual-use exports to the companies. Pentagon-backed MP Materials, which operates the ​only active rare earth mine in the US, and USA Rare Earth are ​both involved in the mine-to-magnet supply chain.

The measures are a response to the “US government’s ​malicious practice” and were taken to safeguard national security and interests, as well as to ​fulfil international obligations such as non-proliferation, China’s Commerce Ministry said in a statement on Monday.

Leave a Reply

Discover more from China Economic Review

Subscribe now to keep reading and get access to the full archive.

Continue reading