US President Donald Trump’s administration on Monday published a list of Chinese and Russian companies with alleged military ties that restrict them from buying a wide range of US goods and technology.
The US Department of Commerce last month drafted a list of companies that it linked to the Chinese or Russian military, news that brought a rebuke from Beijing.
The final list does not include Commercial Aircraft Corp of China (COMAC, 中國商用飛機), or the Hong Kong subsidiaries of Colorado’s Arrow Electronics Inc and Texas-based TTI Inc, a Berkshire Hathaway Inc electronics distributor.
Those firms were on a draft list.
However, the Shanghai Aircraft Design and Research Institute (上海飛機研究院), which designs COMAC planes, and Shanghai Aircraft Manufacturing Co (上海飛機製造), which manufactures COMAC planes, are on the list.
The final list names 103 entities, 14 fewer than on the draft list.
Fifty-eight are designated under China, down from 89, and 45 entities are tied to Russia, up from 28.
US Secretary of Commerce Wilbur Ross said that the action establishes a new process “to assist exporters in screening their customers for military end users.”
The list was published on the department’s Web site on Monday and was scheduled to be posted for public inspection in the US Federal Register yesterday.
The list follows the addition of dozens of Chinese companies to another US trade blacklist, including the country’s top chipmaker, Semiconductor Manufacturing International Corp (中芯國際), and drone manufacturer SZ DJI Technology Co (大疆創新) on Friday.
The list is not definitive and the department said that US companies must continue to do their own due diligence to help decide whether their buyers are considered military end users.
Chinese Ministry of Foreign Affairs spokesman Zhao Lijian (趙立堅) last month called news of the draft list “unprovoked suppression of Chinese companies by the United States.”
While COMAC was removed, seven Aviation Industry Corp of China (AVIC, 中國航空工業) subordinate entities remain on the list.
General Electric Co and Honeywell International Inc have joint ventures with AVIC and supply COMAC, which is spearheading Chinese efforts to compete with Boeing Co and Airbus SE.
This month, Arrow and TTI both denied that their subsidiaries have ties to the Chinese military and said they were working to be removed from any final list.
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said second-quarter revenue is expected to surpass the first quarter, which rose 30 percent year-on-year to NT$118.92 billion (US$3.71 billion). Revenue this quarter is likely to grow, as US clients have front-loaded orders ahead of US President Donald Trump’s planned tariffs on Taiwanese goods, Delta chairman Ping Cheng (鄭平) said at an earnings conference in Taipei, referring to the 90-day pause in tariff implementation Trump announced on April 9. While situations in the third and fourth quarters remain unclear, “We will not halt our long-term deployments and do not plan to
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can be sold at cut prices. However, while these “revelations” are spurious, behind them lurks a well-oiled machine for selling counterfeit goods that is making the most of the confusion surrounding trade tariffs. Chinese content creators who portray themselves as workers or subcontractors in the luxury goods business claim that Beijing has lifted confidentiality clauses on local subcontractors as a way to respond to the huge hike in customs duties imposed on China by US President Donald Trump. They say this Chinese decision, of which Agence