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Trump administration says Sinochem and others backed by Chinese military

Published 28/08/2020, 19:33
Updated 28/08/2020, 19:35
© Reuters. FILE PHOTO: Chinese and U.S. flags flutter near The Bund in Shanghai

WASHINGTON (Reuters) - The Trump administration has determined that another 11 Chinese firms, including construction giant China Communications Construction Company, are owned or controlled by the Chinese military, laying the groundwork for new sanctions.

The new list comes after the Pentagon earlier this year designated 20 top Chinese firms as Chinese military companies operating directly or indirectly in the United States, including those "owned or controlled" by the People's Liberation Army that provide commercial services, manufacture, produce or export.

The updated list, released Friday by the Pentagon, also included China Three Gorges Corporation Limited, Sinochem Group Co Ltd and China Spacesat (SS:600118).

The Pentagon's designations do not trigger penalties, but a 1999 law that mandates compilation of the list says the president may impose sanctions that could include blocking all property of the listed parties.

The Pentagon has come under pressure from lawmakers of both U.S. political parties to publish the list, amid rising tensions between Washington and Beijing over technology, trade and foreign policy.

The list will likely add to tensions between the world's two largest economies, which have been at loggerheads over the handling of the coronavirus pandemic and China's move to impose security legislation on Hong Kong, among multiple points of friction that have worsened this year.

Latest comments

Corruption without end of Trump‘s white house sector along with its allies in the „white“house of the United States of America. Leadership is broken- let‘s see which country takes over leadership after trump corruptly achieves hid socalled 4 more years- “There has never been such a difference between two parties or two individuals in ideology, philosophy or vision than there is right now,” President Trump said. “.. yeah Trump you are absolutely is right - a trump sector government vrs adminstration- in no time a new wotld leader will take over the US if you get ****en 4 more years to cover up debts in your account that corona slowed your progress topping out your indebtedness - why don‘t you start provinh you pay taxes then probably your fanily run US government could get your stupid 4 more years then creeps in a new world leader - blurdy man
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