As competition intensifies between the world’s two superpowers in areas of space and hypersonic technology, the U.S. Commerce Department is making another move. Who’s being targeted in the latest U.S. export crackdown? And how can America restrict the flow of its sensitive technologies? Topics in this episode: 43 China-Linked Entities Added to U.S. Blacklist U.S.:…
US Blacklists 37 Companies, Including China’s BGI, Inspur
March 6, 2023
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The Biden administration on Thursday added 37 companies to a trade, including units of Chinese genetics company BGI and Chinese cloud computing firm Inspur, in a move that promises to further ratchet up tensions with Beijing. The Commerce Department, which oversees export controls, added BGI Research and BGI Tech Solutions (Hongkong), over allegations that the…
US Imposes Sanctions on 6 Chinese Firms Over Spy Balloon Programs
February 11, 2023
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The United States has blacklisted six Chinese entities it found to have aided Beijing’s surveillance balloon programs in the wake of one such balloon that floated over the United States for a week gathering intelligence. In a statement issued on Feb. 10, the Commerce Department identified five companies and a research institute involved in efforts…
Pentagon Blacklists Drone Giant DJI as ‘Chinese Military Company’
October 6, 2022
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The Pentagon has blacklisted a Chinese drone manufacturer, which Ukrainian officials previously accused of providing military support to Russia. DJI Technology, the world’s largest consumer drone manufacturer, was added to a Department of Defense (DOD) list of 60 “Chinese military companies” operating in the United States, the Pentagon announced on Oct. 5. Adding DJI to the…
Capitol Report (Aug. 24): Biden Cancels Millions of Student Loans; Rep. Greene Swatted in Political Attack
August 24, 2022
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President Joe Biden is wiping away hundreds of billions of dollars in student debt. What does it mean for everyday Americans and the economy? Congresswoman Virginia Foxx sits on the education committee, and she joins us to weigh in on Biden’s canceling billions of dollars in student debt. The results are in from Tuesday’s primaries….
US Adds 7 Chinese Aerospace Entities to Export Control List Over Chinese Military Ties
The Commerce Department announced on Aug. 23 that it has added seven Chinese entities to the economic blacklist over their roles in weaponizing U.S. technology to bolster the Chinese military. The targeted entities are state-owned aerospace and technology corporations, including China Aerospace Science and Technology Corporation 9th Academy 771 and 772 Research Institute, China Academy…
US Approves Thousands of Tech Export Requests to China; Latin America Is a Key Card for China
August 18, 2022
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China is getting all the U.S. tech, and the Commerce Department is apparently helping. A new report suggests Commerce is approving requests to export tech to China. What does this mean for the U.S.-China tech war? And is the U.S. government serious about stopping China’s tech transfer and IP Theft? We discuss this amid the…
US Blacklists 5 Chinese Companies for Allegedly Aiding Russian Army
June 30, 2022
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The Biden administration on June 28 added five Chinese companies to its economic blacklist for allegedly supporting Russia’s military and defense industrial base, blocking them from U.S. technology. The U.S. Department of Commerce said in a press release on Tuesday the companies had supplied ties to Russian “entities of concern” before Russia launched its attack on Ukraine…
US Investors Continue to Fund the Chinese Military
June 16, 2022
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Commentary The U.S. Foreign Assets Control (OFAC) issued an online FAQ allowing Americans to continue funding China’s People’s Liberation Army (PLA). The PLA is on the verge of launching its third aircraft carrier as part of its $9 billion dollar carrier program. This hefty price tag represents a small fraction of money the Chinese Communist Party…
‘Foolish and Naive’: US Lawmakers Decry Biden Admin’s Greenlight of China Military Investment
June 8, 2022
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U.S. lawmakers are calling out the Biden administration for its move not to enforce a divestment obligation for federal government entities on blacklisted Chinese military firms, a decision that according to one of them is “foolish and naive.” Under an executive order President Joe Biden issued last June, U.S. investors had 365 days to divest…
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