items that are located in the US, even temporarily; and
non-US-origin items that contain more than a de minimis level of controlled US-origin content (for non-embargoed countries, this is 25% US origin content by value).
The ban applies only to the named affiliates and does not extend automatically to subsidiaries of listed entities. At the same time, transfer of goods, software or technologies to affiliates of named entities risk violating the sanctions if there is reason to know that a named entity could receive or have access to the items.
Parties desiring to export prohibited items to entities on the Entity List may apply to BIS for a license.
China on Monday kept its Loan Prime Rates unchanged, in line with expectations from analysts and traders in a recent Reuters poll. The one-year and five-year LPR were kept at 3.85% and 4.65%, respectively.
Hong Kong s Hang Seng index declined 0.72% to close at 26,306.68. Hong Kong-listed shares of China s largest chipmaker Semiconductor Manufacturing International Corporation, or SMIC, was down 3.63% after the firm the U.S. Commerce Department added the firm to its blacklist, limiting its ability to access certain U.S. technology.
In Japan, the Nikkei 225 dipped 0.18% to close at 26,714.42 while the Topix index shed 0.23% to finish its trading day at 1,789.05. South Korea s Kospi closed 0.23% higher at 2,778.65.
US issues additional visa restrictions on Chinese officials over rights abuses ANI | Updated: Dec 22, 2020 02:17 IST
Washington [US], December 22 (ANI): The United States has issued additional visa restrictions on Chinese officials over alleged human rights abuses, US State Secretary Michael Pompeo announced on Monday adding that China s authoritarian rulers impose draconian restrictions on the Chinese people s freedoms of expression.
In a statement, Pompeo said that the United States has been clear that perpetrators of human rights abuses like these are not welcome in our country, Pompeo added. Today, I am announcing the imposition of additional restrictions under Section 212(a)(3)(C) of the Immigration and Nationality Act on the issuance of visas for Chinese officials who are believed to be responsible for, or complicit in, policies or actions aimed at repressing religious and spiritual practitioners, members of ethnic minority groups, d
DJI to continue selling drones in the US despite blacklist
Ewdison Then - Dec 20, 2020, 10:07pm CST
The year is far from over and, as far as the current US government is concerned, there is still plenty of time for actions that have long-lasting effects. One of those is expanding the US’ notorious “Entity List” to include not just SMIC, China’s largest chipmaker, but also, surprisingly, popular drone company DJI. That said, the latter was already rumored to be on the country’s hit list, giving it time to make a bold response assuring customers in the country that they will still be able to buy DJI’s products as normal.
SMIC and DJI join Huawei on US blacklist theiet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theiet.org Daily Mail and Mail on Sunday newspapers.