China Accuses US of Power Abuse Over Expanded Blacklist of Firms
Beijing has warned of a firm response to the Pentagon's recent expansion of its blacklist of Chinese companies. China accused the United States of leveraging national security concerns as a pretense to hinder the growth of Chinese businesses. This warning follows the U.S. Defense Department's release of its updated Section 1260H list on Monday, which now includes 188 entities, an increase from 134 last year. The department states the list identifies "Chinese military companies."
Beijing has issued a warning of a resolute response following the Pentagon's recent expansion of its blacklist of Chinese companies. China has accused Washington of utilizing national security as a pretext to restrict the development of Chinese firms.
This warning comes after the U.S. Defense Department released its updated Section 1260H list on Monday. The list, which is mandated by American law, now includes 188 entities, marking an increase from 134 entities reported last year. The U.S. department states that the expanded list identifies "Chinese military companies."
Beijing views these actions as an abuse of power, aiming to impede its corporate growth.
According to the South China Morning Post, Beijing's statement indicates a firm stance against the U.S. decision.
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