US-CHINA ECONOMIC WARFARE: CHINESE ENTERPRISES BLACKLISTED BY THE US | WHAT REALLY HAPPENED

US-CHINA ECONOMIC WARFARE: CHINESE ENTERPRISES BLACKLISTED BY THE US

SOURCE: GLOBALRESEARCH.CA

The US considers China a strategic adversary. Waging war on the China by other means makes reconciling major bilateral differences all the harder.

According to a US Commerce Department’s Bureau of Industry and Security (BIS) document, 143 tech-related Chinese enterprises have been blacklisted from the US market.

They include companies involved in producing aviation related products, semiconductors, engineering, as well as other high-tech products and components.

Falsely claiming these enterprises act “contrary to the national security or foreign policy interests of the United States” is cover for wanting corporate America to have a leg up on Chinese competition.

On Friday, the BIS added five more Chinese tech enterprises to its blacklist, further heightening bilateral tensions ahead of China’s President Xi Jinping’s scheduled meeting with Trump for talks later this week at the Osaka, Japan G20 summit.

All blacklisted companies are barred from purchasing US technology without Washington’s permission, tech giant Huawei and its 70 affiliate companies most prominent on its so-called “entity list.”

A 90-day reprieve was granted the company before the order takes effect, enabling Huawei to fulfill existing orders and provide software updates for its mobile phone users

Webmaster's Commentary: 

Forgive me, but I have a very clear understanding of how trade wars, can morph quickly into shooting wars; and Mr. President, let me assure you; this would be absolutely the worst time ever to confront China militarily.

You've seen reports on Chinese and Russian weapons technology; the US is not even close here.

And why is that?!? Because of the "cosy" relationships between weapons manufacturers and political candidates, who can steer work their way. Henceforward, there should be NO money received at the state or national level, from major contractors, or subcontractors for these products. There should be a vetting process before our military ever try these weaons.

And if companies cannot perform, in terms of offering new, less costly technologies which consistently get delivered on time, and as advertised, there should be a clause in all defense contracts that by not doing so, that company can no longer compete for federal defense contracts.

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