An SZ DJI Technology Co. Mavic 2 Enterprise drone in Shenzhen, China.
Photographer: Qilai Shen / Bloomberg
Photographer: Qilai Shen / Bloomberg
China threatened to take countermeasures after Washington decided Blacklist more than 60 Chinese companies, a sign that tensions between the world’s two largest economies could escalate further during the final days of Donald Trump’s presidency.
The US has “misused” export controls to suppress companies, institutions and individuals from other countries, China’s The Commerce Department said in a statement on Saturday.
In an announcement Friday, the US Department of Commerce cited violations of national security and human rights as reasons for blacklisting Chinese companies. Chipmaker from Shanghai Semiconductor Manufacturing International Corp. and the Shenzhen-based drone giant SZ DJI Technology Co. were among the companies that were punished.
“Such measures have seriously damaged the international economic and trade order and free trade rules, as well as the security of the global supply chain,” said China’s Ministry of Commerce.
DJI, the world’s largest drone maker, said it “disappointed ”with the blacklist, but will not prevent US customers from purchasing their products. Being listed denies companies access to US technology, from software to circuits.
– With the help of Edwin Chan and Yuan Gao