Biden administration adds 14 Chinese firms to unverified list

THE Biden administration on Thursday (Mar 23) added 14 Chinese companies to a red flag list, forcing US exporters to conduct greater due diligence before shipping goods to them because US officials have been unable to inspect the listed entities.

Being added to the list can potentially start a 60-day clock that could trigger much tougher penalties.

ECOM International and HK P&W Industry were among those added to the list. They and the Chinese Embassy in Washington did not immediately respond to requests for comment.

“Enforcing our export controls is a crucial part of protecting American national security,” US Deputy Secretary of Commerce Don Graves said in a statement following the announcement. “We are committed to using all of the tools at our disposal to establish how advanced US technology is being used around the globe.”

The US has used restrictions on exports of US goods as a key tool to thwart Beijing’s technological advances, ratcheting up tensions between the two countries.

The Commerce department, which oversees US export controls, also added 18 other entities to the list from Turkey, the United Arab Emirates, Germany, Bulgaria, Canada, Indonesia, Israel, Malaysia, Saudi Arabia and Singapore. REUTERS