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New U.S. economic sanctions on 33 Chinese firms, institutions take effect June 5

The U.S. Commerce Department said Wednesday that new restrictions on 33 Chinese firms and institutions would take effect on Friday, June 5.

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The U.S. Commerce Department said Wednesday that new restrictions on 33 Chinese firms and institutions would take effect on Friday, June 5.

The agency had announced in May it was adding them to an economic blacklist for helping Beijing spy on its minority Uighur population or because of ties to weapons of mass destruction and China’s military.

The move marked the Trump administration’s latest efforts to crack down on companies whose goods may support Chinese military activities and to punish Beijing for its treatment of Muslim minorities.

The firms and institutions are being added to the U.S. “entity list,” which restricts sales of U.S. goods shipped to them and some more limited items made abroad with U.S. content or technology.

Companies can apply for licenses to make the sales, but they must overcome a presumption of denial.

 

…bar Chinese passenger airlines from flying to US from June 16

Chinese passenger planes will be suspended from flying to the US as of June 16, according to an order issued by the Trump administration on Wednesday, in the latest sign of rising tensions between the world’s two largest economies.

The US says China has not allowed its carriers to resume flights to the country after they had paused routes because of the coronavirus.

However, Chinese carriers are able to maintain some flights to and from the US.

The Department of Transportation said Beijing was denying US companis a “fair and equal opportunity to exercise their operating rights.”

US airlines had been hoping to get their flights back up and running this month.

Should the Chinese aviation authority “adjust its policies to bring about the necessary improved situation for US carriers, the Department is fully prepared to revisit the action it has announced in this order,” according to the posted regulation.

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