China sanctions US firms in response to American blacklist of Chinese companies
Beijing opposed US sanctions on major Chinese companies and imposed its own sanctions on US firms, with conflicting reports on the number of firms targeted. China accused the US of misusing national security justifications to restrict Chinese firms.
Beijing firmly opposed the US decision to blacklist major Chinese companies including Alibaba and Baidu. China warned of retaliation if the US blacklist is not modified and accused the US of misusing national security justifications to restrict Chinese firms. Accounts differ on the scale of China’s response: one report states China imposed sanctions on 56 US firms in response to their inclusion on a Pentagon blacklist, while another says China sanctioned 10 US firms over the same blacklist. According to one outlet, China retaliated against US export controls by imposing restrictions on 10 American defense and rare earth companies. Another outlet reported that China banned government procurement of products from 46 US firms, including Lockheed Martin and Raytheon. One outlet reported that Beijing expressed 'strong dissatisfaction' with the US move to blacklist Chinese companies.
This account was written only from facts that survived Augur's
corroboration pass — 1 corroborated across opposed news blocs,
1 contested (attributed to both sides), 6
single-source (attributed). Nothing was added; no significance was inferred.
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