United States: U.S. Investigates Chinese Companies Over Export Sanction Issues

U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration is actively considering adding new Chinese companies to the government’s economic blacklist as it investigates what it calls efforts by China to evade U.S. sanctions.

The Commerce Department’s Entity List restricts access to U.S. exports.

Raimondo told reporters the administration was working to “get information around bad actors in China and adding those companies to the Entity List … We are in the middle of a number of investigations.”

She added: “I don’t see us relaxing sanctions any time soon.”

China is not standing still, she said. “They are coming up with we know new ways to evade our sanctions, setting up new (companies) and the like. We have a very aggressive and vigilant effort under way.”

She said when possible she wants to work with U.S. allies to align their trade restrictions with U.S. export controls.

Read more on reuters.com

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