/ world at the moment information/ The US Division of Protection has begun compiling a listing of Chinese language corporations that immediately or not directly work with the Folks’s Liberation Military of China, writes the Monetary Occasions, citing acquainted sources.
The publication mentioned that this record was created to guard the availability chain associated to the US protection sector and forestall protection expertise from moving into the palms of the Chinese language navy.
“The Pentagon will cease at nothing. In relation to altering commerce patterns and provide chains, federal acquisition guidelines are the Pentagon’s strongest weapon – much more highly effective than our nuclear weapons – and have gotten a formidable weapon for forcible separation,” the Monetary Occasions wrote.
The record is designed to forestall American firms from serving to the Chinese language navy by promoting or shopping for numerous items.
The Pentagon is especially targeted on provide chains for all kinds of weapons, from missiles to fighter jets, in addition to provide chains for semiconductors and built-in circuits. Authorities businesses may very well be banned from working with corporations that cooperate with China’s navy, like Huawei. The US Division of Protection and Commerce didn’t touch upon the itemizing.
The regulation requiring the Pentagon to publish lists of corporations linked to China’s navy was handed by Congress 20 years in the past however has been largely unenforced.
Earlier, the knowledgeable mentioned that the extent of Sino-US relations has dropped to the “freezing level”.
Translation: V.Sergeev
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