Sunday, June 15, 2025
  • Login
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
No Result
View All Result

US Adds Other 7 Chinese Companies to Blacklist

Anelis May by Anelis May
4 years ago
in Asia News
biden america

picture source:

The United States has again added Chinese corporate entities to their blacklist. This time, the US Commerce Department is targeting companies with proven links to the Chinese military.

There are at least seven companies that are having close ties with the Chinese military. They are either supercomputing and have helped the Chinese government modernize its military or have worked on weapons of mass destruction programs.

“Supercomputing capabilities are essential for the development of many – maybe almost all – modern weapons and national security systems, such as nuclear weapons and hypersonic weapons,” said US Commerce Secretary Gina Raimondo quoted by CNN Business, Friday (9/4/2021).

“The Commerce Department will use its full authority to prevent China from using US technology to support efforts to modernize this unstable military,” he added.

RelatedArticle

GameStop Shares Surge Roaring $116 Million Position

Indonesia’s New Crypto Regulations: Impact on Local Exchanges

Global Cryptocurrency Tax: Policies and Practices

4 Reasons to Opt for a Local Forex Broker

7 Blacklisted Companies

Companies The seven Chinese companies recently added to the US blacklist are Tianjin Phytium Information Technology, Shanghai High-Performance Integrated Circuit Design Center, Sunway Microelectronics and four National Supercomputing Centers in Jinan, Shenzhen, Wuxi and Zhengzhou.

As we know, the US has begun to aggressively blacklist Chinese companies since Donald Trump led US. Several large companies such as Huawei are even on the blacklist.

The Biden administration is currently reviewing the Trump-era policies and others. So far, US officials appear set to maintain the Trump administration’s confrontational posture towards China. President Biden’s infrastructure plan, for example, which highlights the strategic threat posed by China is one of the proofs. China still appears to be considered a competitor in technology and R&D by the Biden Administration.

 

Read now: How Joe Biden Made US The King of the World’s Electric Vehicles 

Anelis May

Anelis May

I love all types of content. Financial news is my specialty though. Full time writer about Financial news, economics, market trends, politics enthusiast and more.

Related Posts

GameStop Shares Surge Roaring $116 Million Position

GameStop shares surge
by oney
October 30, 2024

In a dramatic turn of events, GameStop shares surged 80% following a significant reveal by the well-known trader Keith Gill,...

Read more

Indonesia’s New Crypto Regulations: Impact on Local Exchanges

Indonesia crypto regulations. Hedging strategies in Forex Trading. A bar chart with four sections of varying heights. The sections are labeled "23,150," "23,100," "23,050," and likely represent some kind of data or measurement. The title of the chart is most likely "23:150."
by oney
October 13, 2024

Overview of Indonesia's New Crypto Regulations Key Provisions The new regulations introduced by Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti)...

Read more

Global Cryptocurrency Tax: Policies and Practices

role of stablecoins in the crypto ecosystem, diversify your crypto portfolio, how to use a Forex economic calendar. Cryptocurrency Advertisement tax global
by oney
October 4, 2024

The cryptocurrency tax in South Korea South Korean government is setting new tax for cryptocurrency income this year. After Japan, the country...

Read more

4 Reasons to Opt for a Local Forex Broker

Forex Introducing Partner, local forex broker, building confidence as a forex trader
by oney
October 1, 2024

The election of Indonesia’s local forex broker or international forex broker is often confusing for traders. Both of them have...

Read more
Load More
Next Post
instagram facebook and whatsapp are down

Facebook, Instagram & WhatsApp are Down This Morning 

Trending Issues

  • Marelli Holdings avoid bankruptcy

    Marelli Wins Consents to Avoid Bankruptcy

    0 shares
    Share 0 Tweet 0
  • How to Make Money from the Clubhouse App

    0 shares
    Share 0 Tweet 0
  • Elon Musk Makes Bitcoin Price Jump to $36,850

    0 shares
    Share 0 Tweet 0
  • 5 Facts in the Start-Up Drama Story (Part 2)

    0 shares
    Share 0 Tweet 0
  • Stock Trading 101: Long Trade vs. Short Trade

    0 shares
    Share 0 Tweet 0

Get the latest market news and trading tips to your inbox daily, subscribe now !

Topic

  • Asia News
  • Asia Trade
  • Bonus+Promotions
  • Broker News
  • Business News
  • Cryptocurrency
  • Currency Analysis
  • Finance News
  • Forex & Market
  • Forex Tips
  • Hot News
  • Investment Tips
  • Learn to Trade
  • Market Analysis
  • Politics Issue
  • Reviews
  • Social Media
  • Stock Analysis
  • Stock Market
  • Stock Trading Tips
  • Technical Analysis
  • Tips
  • trading strategy
Go Trading Asia

Go Trading Asia covers the latest in Business and Economic News and Market Analysis, with the aim of Providing Readers with the knowledge and tools to make better informed financial decisions.

  • Contact us
  • Privacy Policy
  • Disclaimer

© 2021 Go Trading Asia.

No Result
View All Result
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us

© 2021 Go Trading Asia.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In