Connect with us

Politics

China’s aid to Russian military leads to sanctions against 5 companies

Published

on

 


Placeholder while loading article actions

The United States has accused several companies and research institutes in China of supporting the Russian military after the invasion of Ukraine began, in one of the first concrete signs of Chinese entities helping Russia against Washington’s will.

The commercial department said it was adding five of the companies to a commercial blacklist known as the Entity List as punishment. He also accused two Chinese research institutes already blacklisted since 2018 of supporting the Russian military in recent weeks. Entities added to the list are effectively barred from purchasing US technology.

All companies and institutes signed recent contracts to continue supplying the Russian military, in violation of US-led export controls aimed at blocking Russia’s access to high-tech components and equipment , the The Commerce Department said.

Today’s action sends a powerful message to entities and individuals around the world that if they seek to support Russia, the United States will also cut them off, said Alan Estevez, Under Secretary of Commerce for the industry and security, in a press release.

Chinese exports to Russia fall, study finds

As soon as Russia invaded on February 24, the United States and 37 allies retaliated with coordinated export controls designed to deprive Russia’s military and high-tech industries of semiconductors, electronics and other critical components. China, a major manufacturer and exporter of technology to Russia, has not joined the blockade, leaving Western officials concerned that Beijing could continue or even increase deliveries to Russia, which the United States has tried to avoid. avoid by threatening to cut off technology shipments to China if he did.

In recent weeks, US officials have said they have seen no systematic effort from China to help Russia evade Western sanctions, despite the no-holds-barred partnership leaders Xi Jinping and Vladimir Putin have declared. in February. Trade data released this week, meanwhile, showed that Chinese exports to Russia fell sharply after the start of the war.

But the Commerce Department’s latest action suggests that some tech trading is continuing.

The agency did not specify what kind of goods the companies had agreed to supply to the Russian military. But several of the newly blacklisted companies with offices in China appear to sell electronics.

US investigates how US electronics ended up in Russian military equipment

These are Connec Electronic Ltd., King Pai Technology Co., Sinno Electronics, Winninc Electronic and World Jetta, a logistics company. Three of them also have offices in other countries, Russia, Vietnam, Lithuania and Britain, the Commerce Department said. But he called them entities with substantial/main operations in China.

Entities already on the trade blacklist since 2018, for the alleged illicit purchase of technology for the Chinese military, are the 13th research institute of China Electronics Technology Group Corporation and its subordinate institution, Micro Electronic Technology in China, the Commerce Department said. Both are units of the state defense conglomerate CETC.

The companies could not immediately be reached for comment.

The Chinese Embassy in Washington has denied that the country has provided any assistance to the Russian military. China’s position on the Ukraine issue is consistent and clear, she said in a statement. We have played a constructive role in promoting peace talks and have provided no military assistance to the warring parties.

The statement added that China and Russia maintain normal energy and trade cooperation, and the legitimate interests of Chinese enterprises should not be harmed. He said sanctions such as the Entity List are contrary to international law and basic norms governing international relations.

Russia is an insignificant manufacturer of electronics and computer chips and has therefore long relied on imports, which makes it vulnerable to trade blockades.

Recent dissections of Russian drones, tanks and other equipment recovered from Ukraine have revealed an array of Western electronics inside. This prompted US federal agents to start questioning US tech companies about how their computer chips ended up inside Russian equipment.

Sources

1/ https://Google.com/

2/ https://www.washingtonpost.com/business/2022/06/29/russia-ukraine-china-military-entity-list/

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]