US adds five Chinese companies to its trade blacklist
Chinese article by 张杰
English Editor 张未名
03-29 17:26

By Kate Yuan

(JW Insights) Mar 29 -- The US Department of Commerce placed five Chinese entities on its trade blacklist on March 28, most of which are subsidiaries of China’s surveillance camera giant Hikvision, JW Insights learned.

At least four of the companies facing new curbs belong to Hikvision, according to the company’s 2021 half-year report, including Luopu Haishi Dingxin Electronic Technology Co., Ltd. Electronic Technology Co., Ltd.), Moyu Haishi Electronic Technology Co., Ltd., Pishan Haishi Yong'an Electronic Technology Co., Ltd., and Urumqi Haishi Xin'an Electronic Technology Co., Ltd.

Yutian Haishi Meitian Electronic Technology was also in the list.

Hikvision, the world's largest surveillance equipment manufacturer, was previously included in the US export control entity list in 2019.

Being added to the Entity List means US suppliers must obtain special and hard-to-obtain licenses to ship goods to targeted companies. The US increasingly uses entity list to target Chinese companies.

linkedin twitter facebook line
Copy succeeded