Index Investing News
Monday, April 27, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

U.S. adds four Chinese tech companies to trade blacklist for helping China’s military

by Index Investing News
April 13, 2024
in Financial
Reading Time: 1 min read
A A
0
Home Financial
Share on FacebookShare on Twitter


In the midst of escalating tensions between the United States and China, the U.S. Commerce Department has blacklisted four Chinese companies for their alleged role in providing artificial intelligence (AI) chips to bolster China’s military advancements. 

This move forms part of the U.S. government’s broader initiative to curb using sensitive American technology for military purposes within China.

The companies affected by the recent blacklist imposition include Linkzol (Beijing) Technology Co, Xi’an Like Innovative Information Technology Co, Beijing Anwise Technology Co, and SITONHOLY (Tianjin) Co, the TOI reported. 

These companies were among the 11 additions to the Commerce Department’s Entity List this week, a designation that significantly obstructs their access to American goods and technology.

Kevin Kurland, an official overseeing export enforcement, said that the banned companies allegedly procured U.S. AI chips for integration into Chinese military systems. Consequently, the U.S. has opted to impose constraints on the export of advanced semiconductors and chip-manufacturing equipment to China.

China swiftly falsified these accusations, with Foreign Ministry spokesperson Mao Ning denying them as blatant efforts to “contain and suppress” Chinese enterprises. 

In return, China has vowed to undertake the required measures to safeguard its interests in light of the U.S. actions.

Additionally, the U.S. has also imposed export restrictions on five other companies allegedly involved in facilitating drone production for Russia’s activities in Ukraine and Iranian actions in the Red Sea. 

China has strongly criticised these measures by the U.S, arguing that they disrupt normal economic collaboration with Russia. 



Source link

Tags: addsblacklistChinasChinesecompanieshelpingMilitarytechtrade
ShareTweetShareShare
Previous Post

New capital requirements for Swiss banks will slow growth at UBS, says finance minister By Reuters

Next Post

How Third Point and Saddle Point may help boost margins at Advance Auto Parts

Related Posts

Iran says it won’t accept ’maximalist demands’ as Islamabad hosts peace push By Reuters

Iran says it won’t accept ’maximalist demands’ as Islamabad hosts peace push By Reuters

by Index Investing News
April 25, 2026
0

By Saad Sayeed, Ariba Shahid and Steve Holland ISLAMABAD/WASHINGTON, April 25 (Reuters) - Iranian Foreign Minister Abbas Araqchi laid out...

Scientists are burning homes to protect them in wildfires: ‘We crash test houses’

Scientists are burning homes to protect them in wildfires: ‘We crash test houses’

by Index Investing News
April 21, 2026
0

It took less than three minutes for wind-whipped flames to go from licking the side of the house to shattering a window...

Morocco stocks lower at close of trade; Moroccan All Shares down 0.22% By Investing.com

Morocco stocks lower at close of trade; Moroccan All Shares down 0.22% By Investing.com

by Index Investing News
April 9, 2026
0

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the , and sectors led shares...

UnitedHealth: Why It’s Still Not Too Late To Buy The Turnaround (NYSE:UNH)

UnitedHealth: Why It’s Still Not Too Late To Buy The Turnaround (NYSE:UNH)

by Index Investing News
April 5, 2026
0

This article was written byFollowJR Research is an opportunistic investor. I was recognized by TipRanks as a Top Analyst, and...

Emerging Market Stock Valuations

Emerging Market Stock Valuations

by Index Investing News
April 13, 2026
0

The Map is not the Terrain… https://theideafarm.com/markets/emerging-markets-the-map-is-not-the-terrain/ And also from a recent podcast with La Roche here is Gundlach “”My...

Next Post
How Third Point and Saddle Point may help boost margins at Advance Auto Parts

How Third Point and Saddle Point may help boost margins at Advance Auto Parts

Zelensky Is Lying About An Upcoming Counteroffensive Out Of Desperation To Receive More Aid – FREEDOMBUNKER

Zelensky Is Lying About An Upcoming Counteroffensive Out Of Desperation To Receive More Aid – FREEDOMBUNKER

RECOMMENDED

Miami’s 830 Brickell Secures 5M in Financing

Miami’s 830 Brickell Secures $565M in Financing

July 24, 2024
3 Top Agents From Realogics Sotheby’s Move To The Agency Seattle

3 Top Agents From Realogics Sotheby’s Move To The Agency Seattle

January 9, 2024
Vaneck Reveals Plans to Shut Ethereum Futures ETF

Vaneck Reveals Plans to Shut Ethereum Futures ETF

September 6, 2024
Bankrupt Crypto Firm’s NFT Assets Sells for .5 Million At Auction

Bankrupt Crypto Firm’s NFT Assets Sells for $2.5 Million At Auction

May 20, 2023
Raiders rookie QB gets nod vs. Chargers

Raiders rookie QB gets nod vs. Chargers

October 1, 2023
Making 5K in Instant Equity on Her First Real Estate Deal

Making $175K in Instant Equity on Her First Real Estate Deal

February 21, 2024
DHL: Whereas It Delivers In Phrases Of Dividends, The Inventory Stays A Maintain

DHL: Whereas It Delivers In Phrases Of Dividends, The Inventory Stays A Maintain

January 22, 2025
Beijing to permit indoor eating, additional easing Covid curbs

Beijing to permit indoor eating, additional easing Covid curbs

June 5, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In