U.S. Expands Trade Blacklist, Targeting Over 50 Chinese Entities
The blacklist aims to curb China's AI and military advancements, with Beijing condemning the move and threatening countermeasures.
- The U.S. added 80 entities, including over 50 Chinese firms, to its trade blacklist, restricting access to advanced technologies critical for AI and military applications.
- The blacklist targets entities involved in developing AI, supercomputers, and high-performance chips for military purposes, citing national security concerns.
- Prominent additions include the Beijing Academy of Artificial Intelligence and subsidiaries of Inspur Group, alongside firms linked to quantum technology and military modernization.
- The U.S. is also addressing technology smuggling by targeting intermediaries, transit points, and third countries that facilitate access to restricted technologies.
- China condemned the move as 'hegemonism,' accusing the U.S. of weaponizing trade and vowing to take necessary measures to protect its companies.