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Reuters reported on November 20 that a US official who did not want to be named and a person familiar with the matter said that the Defense Department announced the recently blacklisted Chinese companies on Friday (20), and may also announce the next week.
If the Trump administration announces this news, it will bring to 35 the number of Chinese companies on the Ministry of Defense’s blacklist of Chinese military companies.
The list of “Chinese Communist Military Companies” (Chinese Communist Military Companies) was regulated by a 1999 law that required the Pentagon to compile a list of companies “owned or controlled” by the Chinese military. The Ministry of National Defense just started this year. Implement.
The Pentagon released its first list on June 20, designating 20 Chinese companies as owned or controlled by the Chinese military. Most of these companies are state-owned companies covering aviation, communications, nuclear power, ships, and other fields.
On August 28, the Pentagon designated 11 other Chinese companies as owned or controlled by the Chinese military, laying the groundwork for new sanctions.
US President Trump signed an executive order on November 12, which prohibits American companies and individuals from investing in companies owned or controlled by the Chinese military as of January 11 of next year; and restricts the withdrawal of related investments before November 11 of next year.
This administrative order is based on the International Emergency Economic Powers Act, the National Emergencies Act, and the United States Code. Trump also announced the Entering a State of Emergency to Respond to CCP Threats.
The Trump administration believes that US investment in supporting Chinese companies developing for the Chinese military will support the expansion of the Chinese military.
The CCP has been pursuing a military-civil integration development strategy, which supports the CCP’s military modernization goals by ensuring that the CCP military has access to advanced technologies and experience gained and developed by Chinese companies, universities, and research projects. which appear to be civil entities.
The US government has also focused sanctions on Chinese companies that support the development of the Chinese military.
Republican Rep. Mike Gallagher said the measure “helps ensure that no American inadvertently subsidizes the movement (of the Chinese Communist Party) to master the technology of the future.”
Gallagher also proposed a bill to ban Chinese companies blacklisted by the Department of Defense from investing in the US capital market. #
Editor in charge: Ye Ziwei
