China hits back at US sanctions on tech giants, restricting its exports to 10 American defense firms
China on Monday announced sanctions on 10 American military-related companies in response to a recent US move that bars some leading Chinese tech companies from defense contracts.
The Commerce Ministry said that Chinese companies would be blocked from exporting “dual-use” items to the 10 companies, which include military drone makers and some involved in rare earth mining. Dual use refers to goods that can have military as well as non-military applications.
