China sanctions 56 US companies in retaliation for military-linked blacklist

China has imposed fresh export restrictions on 56 US companies, including rare earth producers and defense-related firms, retaliating against Washington's recent decision to blacklist several major Chinese firms.

Beijing said on Monday that it has added 10 US entities with ties to the American military to its export control list, escalating trade tensions between the world's two largest economies as Washington and Beijing continue to target each other's companies over national security concerns.

Among the firms targeted are Aveox, a manufacturer of specialized motors used in mission-critical applications, along with rare earth producers MP Materials and USA Rare Earth. The move bars Chinese exporters from supplying these companies with dual-use goods and technologies that could have both civilian and military applications.

In a statement, China's Commerce Ministry said the decision was a response to the "US government's malicious practice" and were taken to protect national security and interests, while simultaneously meeting international commitments such as non-proliferation obligations.

The ministry instructed Chinese exporters to immediately stop any ongoing export activities with the affected US entities.

In a separate announcement, China's Ministry of Finance revealed additional restrictions targeting 46 US companies. Under the new restrictions, Chinese buyers are prohibited from purchasing products manufactured by those firms. However, US-funded enterprises operating within China will be allowed to continue procurement activities.

The latest measures follow a US move earlier this month to place several prominent Chinese companies on a list of entities Washington believes are supporting Beijing's military. The companies named by the United States include Chinese e-commerce giant Alibaba Group, search engine operator Baidu, and electric vehicle manufacturers BYD and NIO.

China 'strongly dissatisfied' after US blacklists major companies over alleged military ties

China has expressed "strong dissatisfaction" with a US move to blacklist several major Chinese companies over alleged military ties, warning of retaliation if the firms are not treated fairly.

China's Commerce Ministry, in a statement on June 13, expressed "strong dissatisfaction" with the US move to blacklist several major Chinese companies over alleged military ties, warning of retaliation if the firms are not treated fairly.

The ministry urged the US to immediately stop its "erroneous practices."

Under US law, the Pentagon will be prohibited from contracting directly ​with companies on ‌the list and restricted from buying their products or ​services through third parties from 2027.

The Pentagon update supersedes a list ​from early 2025 and comes a ​month after Presidents Donald ​Trump and Xi Jinping met in Beijing.

Press TV’s website can also be accessed at the following alternate addresses:

www.presstv.ir