A spokesman for the US Department of Commerce, which produced the list, declined to comment. Ten days ago, he unveiled an executive order prohibiting US investments in Chinese companies that Washington says are owned or controlled by the Chinese military. The pending list comes after the Commerce Department expanded the definition of "military end user" in April. Besides the 89 Chinese listings, the draft rule also designates 28 Russian entities, including Irkut, which is also aiming to break into Boeing's market with its MC-21 jetliner development. The 117-company list is "not exhaustive," the draft rule said, and is considered an "initial tranche."

Source: bd News24 November 23, 2020 03:45 UTC