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China plans for home-grown aviation excellence hit by Ukraine sanctions


China plans for home-grown aviation excellence hit by Ukraine sanctions
Kiev bans Chinese company Skyrizon’s bid for jet engine maker Motor Sich but experts say China’s ambitions will be slowed not stopped
The eastern European country is caught in the middle of US-China rivalry, but currently may need Washington’s support more

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US blacklists Xiaomi, CNOOC, Skyrizon, raising heat on China | News, Sports, Jobs


Jan 16, 2021
HONG KONG (AP) — The U.S. government has blacklisted Chinese smartphone maker Xiaomi Corp. and China’s third-largest national oil company for alleged military links, heaping pressure on Beijing in President Donald Trump’s last week in office.
The Department of Defense added nine companies to its list of Chinese firms with military links, including Xiaomi and state-owned plane manufacturer Commercial Aircraft Corp. of China (Comac).
U.S. investors will have to divest their stakes in Chinese companies on the military list by November this year, according to an executive order signed by Trump last November.
Xiaomi said in a statement that its products are for “civilian and commercial use” and said it is not owned, controlled or affiliated with the Chinese military. “The Company will take appropriate course of actions to protect the interests of the Company and its stakeholders,” the statement read, although Xiaomi did not elaborate on what those actions might be.

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US blacklists Xiaomi, CNOOC, Skyrizon, raising heat on China

US blacklists Xiaomi, CNOOC, Skyrizon, raising heat on China
lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.

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U.S. blacklists Xiaomi, CNOOC, Skyrizon, raising heat on China


Updated:
January 15, 2021 09:21 IST
U.S. investors will have to divest their stakes in Chinese companies on the military list by November this year.
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The U.S. government blacklisted Chinese smartphone maker Xiaomi Corp. for alleged military links, heaping pressure on Beijing in President Donald Trump’s last week in office.
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U.S. investors will have to divest their stakes in Chinese companies on the military list by November this year.
The U.S. government has blacklisted Chinese smartphone maker Xiaomi Corp. and China’s third-largest national oil company for alleged military links, heaping pressure on Beijing in President Donald Trump’s last week in office.

Malaysia , Taiwan , Philippines , Beijing , China , Brunei , Vietnam , Republic-of , Xiaomi , Fujian , South-china-sea , Brunei-general

World shares follow Wall St lower as traders mull Biden plan

Global shares shares fell Friday after a worse-than-expected U.S. jobs report and a late...

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Founder of Trump-Blacklisted Firm Ostracized in China Too

Wang Jing, who has a 97% stake in Beijing Tianjiao Aviation Industry Investment Co., or Skyrizon, has been issued with four court orders limiting his company and his personal spending. The U.S. Commerce Department added Skyrizon to a military end-user list...

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US adds CNOOC to black list, saying it helps China intimidate neighbors

The US Commerce Department said Chinese company Skyrizon was being added to the MEU List for 'its capability to develop, produce or maintain military items, such as military aircraft engines'

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US adds China National Overseas Oil company to Entity List

Washington [US], January 15 (ANI) The United States on Thursday (local time) added the Chinese oil giant, CNOOC Limited, to its economic blacklist for helping C

Beijing , China , Vietnam , Republic-of , United-states , South-china-sea , Brunei-general , Brunei , Washington , Chinese , Michael-pompeo , Wilbur-ross

US blacklists Chinese oil giant CNOOC, adds Skyrizon to Military End User list

Washington [US], January 15 (ANI) The United States on Thursday (local time) added the Chinese oil giant, CNOOC Limited, to its economic blacklist for helping China intimidate its neighbours in the South China Sea.

Beijing , China , Vietnam , Republic-of , United-states , South-china-sea , Brunei-general , Brunei , Washington , Chinese , Michael-pompeo , Wilbur-ross

Welcome To IANS Live - NATION - India launches drive against clandestine entry by Chinese firms

At a Cabinet Committee on Security meeting, the government approved the National Security Directive on the telecommunication sector on Wednesday. The

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