The US sanctioned about 300 Chinese companies, and Beijing was difficult to retaliate

The US sanctioned about 300 Chinese companies, and Beijing was difficult to retaliate

Over the past two years, the US has launched many sanctions against Chinese businesses. There are about 300 enterprises involved, covering many different fields such as high technology, construction, etc. Sanctions against Chinese enterprises are becoming an important method of pressure both military and diplomacy that the US uses, and the Beijing government moreover can hardly respond.

US Department of Commerce Headquarters (Photo: bakdc / Shutterstock).

The reasons for US sanctions against Chinese enterprises include Beijing’s human rights violations in Hong Kong, Xinjiang and the South China Sea issue.

The Central Taiwanese News Agency (CNA), based on chronological order, has listed a US enforcement department for the past two years.

On August 26, 2020, the US imposed sanctions on 24 Chinese state-owned enterprises, including subsidiaries of China Traffic Construction Company. The reason is that these businesses are coordinating to help Beijing militarize the islands in the South China Sea. The State Department also declared and banned the people involved and their family members from entering the United States.

On August 17, 2020, the US Department of Commerce expanded sanctions, listing 38 Huawei subsidiaries located in 21 countries on the blacklist. In May 2019, Huawei was listed by the US as an export control entity for the first time. Up to now, a total of 152 subsidiaries are on the list. New US restrictions to prevent Huawei from acquiring semiconductors in the absence of a special license, including semiconductor chips made by foreign (non-US) companies, but using soft and American technology.

On July 20, the US Department of Commerce added 11 Chinese enterprises in the list of entities, the reason is that these businesses cooperated with the Beijing government to infringe on human rights, arbitrarily arrested on a large scale and Forced employers, the Uighur minority ethnic minority biometric data collection in Xinjiang.

On June 5, the US Department of Commerce announced that 29 organizations and individuals assisting China in purchasing military equipment, 9 Chinese agencies that infringe on Xinjiang human rights will be listed as entities. export control. These include the China Ministry of Public Security Material Inspection Center, the Beijing Computer Science Research Center, the internet security company Qihoo 360, the facial recognition software development company CloudWalk Technology, the intelligence company. artificial intelligence NetPosa Technologies, etc

On May 19, the US Department of Finance announced and enforced sanctions against international logistics services company Shanghai Saint Logistics headquartered in China. The company was reported to be forced to represent Iran’s airline Mahan Air in China; Mahan Air was blacklisted by the US against terrorism in 2011.

On October 8, 2019, the US Department of Commerce listed 28 Chinese enterprises on the list of entities, and prohibited these businesses from buying American goods. Including technology companies such as Hikvision, iFlytek, Questyle Audio, etc. In addition, there are a number of businesses related to local government agencies, police agencies, which are also blacklisted.

On June 21, 2019, the US Department of Commerce listed five Chinese companies including Sugon, Higon, Tianjin Haiguang Pharmaceutical, Chengdu Haiguang Microelectronics Technology, Wuxi Jiangnan Institute of Computing Technology, as the entity list.

On May 15, 2019, the US Department of Commerce listed Huawei and 70 Huawei-related companies as entities.

On October 29, 2018, the US Department of Commerce sanctioned Fujian Jinhua Integrated Circuit, the reason is that this business constitutes a great risk to the long-term economic capacity of the suppliers of important components for military systems. America.

On August 1, 2018, starting from consideration of national security and diplomatic interests, the US Commerce Department listed 44 Chinese enterprises (8 units and 36 affiliated agencies) on the list of entities. Enforcement of technology blockade, related businesses are mainly military industrial technology.

In addition to the Chinese companies that are listed as entity and export control, Chinese applications such as TikTok, WeChat, etc., doing business in the US have also recently been noticed.

On the issue of Chinese companies being sanctioned by the US, Hui In May 2019, the Ministry of Commerce of China announced that it would build up a “list of untrustworthy entities”.List of foreign enterprises that cut off supply to Chinese businesses for non-commercial purposes, but so far has not seen a list and specific enforcement measures announced.

According to CNA’s analysis, in terms of corporate sanctions, the chess pieces that Beijing can use are not many. In July this year, with the State Department’s approval to sell Patriot III (PAC-3) missiles worth $ 620 million to Taiwan, Beijing announced it would sanction key contractor Lockheed Martin, but then also did not elaborate on the sanctions.

Recent US sanctions are against Beijing’s continued increase in the construction of artificial islands and militarization of equipment on these islands in the South China Sea.

On the internet, the Chinese community has a view that this is different from sanctions imposed on high-tech enterprises. Although 24 island-building enterprises in the South China Sea will not immediately face an existential risk due to sanctions, they are meant to be a warning to the national policy layer of the Beijing government.

The above view said, if the future in the process Beijing continues to promote construction “One belt, one road”, when it is found by the US to affect national security and diplomatic interests, the same sanctions method will be enforced with the main businesses involved in the project. “One belt, one road”.

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  • China is reluctant to retaliate against American companies over the “death penalty” for Huawei

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