China opposes U.S. adding Chinese firms to trade blacklist

by Aurelia Butler 16 March 2023, 21:01 189 Views

HONG KONG (Reuters) – China opposes the United States adding several Chinese firms to its trade blacklist, China’s commerce ministry said on Friday.

China urges the United States to stop using any excuse to suppress Chinese firms, the ministry said in a statement posted on its website.

The U.S. Commerce Department, which oversees export controls, recently added a unit of genetics company BGI Genomics Co Ltd to the export control list. It also added BGI Research and Forensic Genomics International, which belong to BGI Group, the parent of BGI Genomics Co Ltd.

Source: Economy - investing.com

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China opposes U.S. adding Chinese firms to trade blacklist

Banks sought record Fed liquidity in wake of SVB collapse

Banks take advantage of Fed crisis lending programs

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