The Biden administration added 14 more Chinese companies to the Unverified List on Thursday (23rd), forcing U.S. exporters to conduct more due diligence before shipping to these Chinese companies.

(taken from the Internet)

[Compile Lu Yongshan/Comprehensive Report] The Biden administration added 14 more Chinese companies to the Unverified List on Thursday (23rd), forcing U.S. exporters to conduct more inspections before shipping to these Chinese companies. Due diligence, because U.S. officials cannot conduct physical checks on Chinese companies on the list.

According to a Reuters report, the Biden administration has included 14 Chinese companies in the unverified list, requiring U.S. exporters to strengthen due diligence before shipping to these Chinese companies. Determine whether they are trustworthy when obtaining sensitive U.S. technology exports; if these Chinese companies cannot prove the end use of the exported products within 60 days, they will be included in the most restrictive "entity list".

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14 Chinese companies included in the list, including Airpart Consolidated Trading (located in Hong Kong), Yikong International (Hong Kong), Guangzhou Xinwei Electronic Technology, HK P&W Industry Co. Ltd. (located in Hong Kong), Jiegao International Freight (Hong Kong) , Kesina Services, Lightstar Technology Ltd., Shandong Yuehai Communication Technology, Shengwei Technology, Sunway Technology Electronics, Xiaobao Electronics, Yiwei Limited, Winners Technology (Hong Kong), and Winners Global Trading Co. (located in Hong Kong) .

“Enforcing U.S. export controls is an important part of protecting U.S. national security,” said U.S. Commerce Undersecretary Don Graves. “We are committed to using all measures at our disposal to determine the use of advanced U.S. technology around the world. "

The United States has used restrictions on exports of American goods to China as an important tool to thwart Beijing's technological progress, heightening tensions between the two countries.

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