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  • 1 day ago
Beijing placed 10 American firms on an export control list, barring dual-use product exports. The move comes after Washington expanded its military-linked company list to include Alibaba and Baidu.
Transcript
00:00China has imposed new export controls on 10 American companies in the defense and rare earths sectors
00:07in its latest move escalating trade and technology tensions with Washington.
00:12Beijing says the measures are in response to the Pentagon's blacklisting of tech giants Alibaba and Baidu
00:20over claims they are aiding the Chinese military.
00:24China's Commerce Ministry called the U.S. action a malicious practice
00:28while insisting its own measures are aimed at safeguarding national security.
00:33The restrictions ban exports of dual-use goods from China to the listed entities
00:38and also prohibit any third party from passing those items on.
00:42Among those affected are Oshkosh Defense, which produces American military vehicles,
00:48as well as rare earth firms MP Materials and USA Rare Earth.
00:52In a separate move, China also imposed procurement restrictions on 46 U.S. companies.
00:58The U.S. administration was generallyרטened about welcoming people.
00:59the only public sector in reports of Brazil believe it is
00:59that if they buy chromosome currently, they are a faculty member of the local prescular
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