US imposes trade restrictions on 37 Chinese entities
The US Department of Commerce has announced that export restrictions have been imposed on 37 Chinese entities on the grounds that they "acted contrary to the national security or foreign policy interests of the United States."
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The United States (US) has added 37 Chinese entities to its trade restriction list. The US Department of Commerce imposed export restrictions on 37 Chinese entities on the grounds that they "acted contrary to the national security or foreign policy interests of the United States."
The decision in question was taken on the grounds that the companies could provide support for China's military modernization and to stop the flow of technology to China.