Trade war: China bans US firm Lockheed Martin, nine other companies
These companies cannot engage in China-related import or export activities and make new investments in the country
Beijing: China on Tuesday placed 10 more US firms on its unreliable entity list, which would bar them from engaging in China-related import or export activities and from making new investments in the country.
The firms include defence companies such as Lockheed Martin Missiles and Fire Control, Lockheed Martin Aeronautics and Lockheed Martin Missile System Integration Lab.
Senior executives of these companies will also be banned from entering China and work permits, and Chinese visitor and residency permissions also will be revoked, the Commerce Ministry said.
The companies were placed on the list for selling arms to or cooperating on military technologies with Taiwan in recent years, the ministry said. China claims the self-governed island as its own territory.
The addition of the 10 companies comes after China last month added two firms, fashion company PVH Group and biotechnology company Illumina, to the unreliable entities list.
Separately, China added 15 US companies to its export control list, including aerospace and defence companies like General Dynamics Land Systems and General Atomics Aeronautical Systems, among others.
“China has decided to include 15 US entities that endanger China’s national security and interests in the export control list, prohibiting the export of dual-use items to them,” the Ministry said in a statement.
