US Places Chinese Companies on Export Ban, Citing National Security Concerns

US Places Chinese Companies on Export Ban, Citing National Security Concerns
A logo of China Aerospace Science and Industry Corporation (CASIC) at the China International Aviation and Aerospace Exhibition in Zhuhai City, Guangdong Province, China, on Nov. 1, 2006. Ted Aljibe/AFP/Getty Images
Frank Fang
Frank Fang
Reporter
|Updated:
The U.S. government recently put export limits on 44 Chinese entities that all happen to have major roles in China’s “One Belt, One Road” infrastructure project.
The Bureau of Industry Security (BIS), an agency within the Department of Commerce, added the Chinese parties (8 entities and 35 subordinate institutions) to its export control list on Aug. 1, citing a significant risk to U.S. national-security and foreign-policy interests, according to an announcement published in the Federal Register.
Frank Fang
Frank Fang
Reporter
Frank Fang is a Taiwan-based reporter. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
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