Well, if you don’t know, now you know…
With apologies to Biggie…
Today, the Department of Defense released the names of additional “Communist Chinese military companies” operating directly or indirectly in the United States in accordance with the statutory requirement of Section 1237 of the National Defense Authorization Act for Fiscal Year 1999, as amended.
The Department is determined to highlight and counter the People’s Republic of China’s (PRC) Military-Civil Fusion development strategy, which supports the modernization goals of the People’s Liberation Army (PLA) by ensuring its access to advanced technologies and expertise acquired and developed by even those PRC companies, universities, and research programs that appear to be civilian entities.
The Department released its initial list of companies to Congress in June 2020 and will continue to update the list with additional entities as appropriate.
And the new list (Tranche 5) includes (can’t cut/paste from the PDF):
So, now you know why the President amended Executive Order 13959 (as of now, it’s still not posted over at OFAC’s Recent Actions page).
- Advanced Micro-Fabrication Equipment Inc, (AMEC)
- Luokong Technology Corporation (LKCO)
- Xiaomi Corporation
- Beijing Zhongguancun Development Investment Center
- GOWIN Semiconductor Corp
- Grand China Air Co. Ltd (GCAC)
- Global Tone Communication Technology Co. Ltd (GTCOM)
- China National Aviation Holding Co. Ltd (CNAH)
- Commercial Aircraft Corporation of China, Ltd. (COMAC)
Defense Department Press Release
Tranche 5 List
Categories: Chinese Military Companies sanctions U.S. Department of Defense (DoD) updates