US trade curbs on Chinese firms

The Biden administration has imposed new trade restrictions on five Chinese companies, accusing them of aiding in the repression of the Uyghur Muslim minority. Four of the firms belong to Chinese surveillance camera maker Hikvision, while the fifth is Yutian Haishi Meitian Electronic Technology Co Ltd. These companies have been accused of human rights violations and abuses, including the mass arbitrary detention and high-technology surveillance of Uyghurs and other Muslim minorities in the Xinjiang region. The Chinese government has dismissed these allegations as “lies” designed to constrain China. Hikvision was previously placed on the U.S. trade blacklist in 2019 for its alleged involvement in human rights abuses. The US has increasingly used the entity list to target Chinese firms, and China has stated that it will take all necessary measures to defend the legitimate rights and interests of Chinese firms.

The US government has imposed new trade restrictions on five Chinese companies, alleging that they have aided in the repression of the Uyghur Muslim minority. Hikvision’s 2021 half-year report indicates that at least four of these firms are part of the Chinese surveillance camera maker, including Moyu Haishi Electronic Technology Co, Luopu Haishi Dingxin Electronic Technology Co, Urumqi Haishi Xin’an Electronic Technology Co, and Pishan Haishi Yong’an Electronic Technology Co. Additionally, Yutian Haishi Meitian Electronic Technology Co Ltd was also added to the list. The Biden administration has accused these companies of being involved in human rights violations and abuses, including the mass arbitrary detention and high-technology surveillance of Uyghurs and other Muslim minorities in the Xinjiang region. The Chinese government has dismissed these allegations as “lies” designed to constrain China, with foreign ministry spokesperson Mao Ning accusing the United States of politicising normal business and economic cooperation.

Chinese firms added to the entity list must obtain a special and difficult-to-obtain license before American suppliers can ship goods to them. Hikvision was placed on the U.S. trade blacklist in 2019 for its alleged involvement in human rights abuses. The US has increasingly used the entity list to target Chinese firms. However, China has rejected these measures and stated that it would take all necessary measures to defend the legitimate rights and interests of Chinese firms.

Don’t miss interesting posts on Famousbio

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Arrest made in murder of LA Bishop David O’Connell, sources say

Los Angeles police have arrested a person in reference to the homicide…

The Tragic David Kelly Saga: Tarnishing New Labour

In the early 2000s, the British government, led by Tony Blair, was…

Ebanie Bridges is an international champion, wears underwear to weigh in and has an OnlyFans and says boxers who don’t usefulness what they’ve to their merit are ‘f****** stupid’

Ebanie Bridges is an Australian skilled boxer and lately was the WBA…

Mike Pence Calls Trump Indictment ‘Radical Left’ Act

Former Vice President Mike Pence criticized the possibility of Manhattan District Attorney…