China adds 3 US companies to sanctions list, hits 3 others with export controls

Source: China – South China Morning PostChina has added three US companies to its Unreliable Entity List over their involvement in arms sales to Taiwan.
The Ministry of Commerce made the announcement in a statement released Thursday, naming unmanned vehicle firm Saronic Technologies, satellite company Aerkomm and subsea engineering firm Oceaneering International as the affected enterprises.
Companies added to the list are effectively banned from trade and investment in China.
Three other American firms – shipbuilder Huntingon Ingalls…Read More

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