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The move marks the latest escalation in exchanges between Beijing and Washington over products important to national security.
By Alexandra Stevenson
Reporting from Hong Kong
China on Thursday singled out dozens of companies from the United States, including Raytheon, Boeing and Lockheed Martin, in a series of punitive trade measures that could ratchet up tensions between the two superpowers.
A few weeks before President-elect Donald Trump, promising to impose new price lists and sanctions on China, Beijing once again appears in a position to retaliate.
China’s Ministry of Commerce said it added 28 companies to an export control list to “safeguard national security and interests.” It also banned the export of so-called dual-use items, which have both civilian and military applications, to those companies. And it placed 10 companies on what it calls an “unreliable entities list” related to the sale of arms to Taiwan, preventing them from doing any business in China and prohibiting their executives from entering or living in the country.
Chinese authorities have taken similar — albeit narrower — actions in the past on these companies, most of which have a limited presence within China, said Andrew Gilholm, a China expert at the consulting firm Control Risks.
“Most of this is at a symbolic level, because many of those entities were already subject to sanctions,” he said. But, he added, “what we are seeing is the expansion of the scope and number of entities aggregated into a single list. ”
Among the companies called out by China were the leading American makers of defense systems, including Raytheon Missile Systems, Boeing Defense, Space and Security and Lockheed Martin Missiles and Fire Control. The companies did not immediately respond to emailed requests for comment.
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