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US Additions to Watchlist Set Off Alarms in Beijing – SCMP

US Commerce officials upset Beijing when they added 33 Chinese entities to its list of unverified exporters, as that strangles China’s tech supply chain at its most vulnerable points, the SCMP said


Chinese Vice Premier Liu He and US President Donald Trump sign a trade agreement between the US and China in the East Room of the White House in Washington, DC, January 15, 2020.
The additions to the Unverified List came in a week when the US revealed that China had bought just 57% of the goods it vowed to purchase under the Phase-1 trade deal signed by Vice Premier Liu He and former US President Donald Trump in January 2020. AFP Photo.

 

The US Commerce Department set off alarms in Beijing with last week’s addition of Chinese entities to an export watchlist, as the move tightened the stranglehold on China’s technological supply chain by hitting at its most vulnerable parts, the SCMP said on Sunday. The US added 33 mostly hi-tech firms, such as those that make laser parts and pharmaceuticals, research labs and two universities – to its unverified list, because of its inability to verify end-users. Companies on the list must supply more documents and be subject to other checks to deal with US suppliers.

The move has “created new shocks to the stability of the supply chain,” said Zhou Mi, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation, the paper said, adding that the list would create a wedge in bilateral cooperation, as it would “adversely affect future international economic cooperation and harm the interests of all parties.”

See the full report: South China Morning Post.

 

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US to Blacklist China AI Firm SenseTime over Xinjiang: FT

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

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