China has fired back at the U.S. after 37 Chinese entities were added to Washington's export control list, calling it an 'abuse of power' that threatens global economic recovery. The move comes as tensions rise over tech competition and alleged military-linked activities.
What’s the Beef?
The U.S. Commerce Department claims the blacklisted companies – ranging from tech firms to logistics players – are tied to national security concerns involving military development and Russia. But Beijing isn't having it. 'The U.S. keeps weaponizing trade rules to suppress foreign companies,' said a Chinese commerce ministry spokesperson Friday.
Broader Implications
China argues these restrictions disrupt global supply chains and hurt post-pandemic economic recovery. Foreign Ministry spokesperson Lin Jian doubled down: 'Where’s the evidence? The U.S. keeps using “national security” as a catch-all excuse to bully Chinese businesses.'
Meanwhile, China maintains its trade with Russia is legit: 'Normal economic cooperation between sovereign states shouldn’t be hijacked by geopolitics,' Lin added.
What’s Next?
Beijing pledged 'necessary measures' to defend its companies, though specifics remain under wraps. With both sides digging in, this latest clash could further chill US-China tech and trade relations. Stay tuned for updates!
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China opposes U.S. adding Chinese entities to export control list
cgtn.com