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US slaps export controls on dozens of Chinese firms over ‘threat to national security’ as trade tens

Aug 02 , 2018

Washington has slapped restrictions on dozens of key Chinese companies – including state-owned developers of military-use technologies such as air defence and satellite systems – for reasons of national security.

The US Department of Commerce added 44 Chinese entities onto its export control list on Wednesday for posing a “significant risk” to US national security or foreign policy interests in the midst of the heated trade spat between the world’s two largest economies.

In a direct challenge to China’s ambitions to become a technological superpower, driven by the Made in China 2025 policy, the new restrictions target some of the key elements of the policy including air defence systems, satellite communications systems, semiconductors and aerospace products.

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