China has issued new sanctions on five U.S.-based arms manufacturers over sales of weapons to Taiwan, which it considers a renegade province. According to an AP News report, the Chinese Foreign Ministry said in a statement Sunday that it has barred organizations and individuals in China from doing business with AeroVironment, Alliant Techsystems Operation, BAE Systems...
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Pakistan Air Force Claims It Now Has Hypersonic-Capable Missiles
The Pakistan Air Force has announced hypersonic ballistic missile capabilities. In a press release, the PAF revealed that the weapon is part of a wider defense modernization effort aimed at countering evolving threats in the region. Hypersonic ballistic missiles can travel at speeds above Mach 5 or five times the speed of sound. While some existing ballistic...
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Washington Officials Cite Role of Alliances, Trade Controls in Protecting US Tech
U.S. officials at a House Subcommittee on Indo-Pacific hearing last week underscored the importance of creating international alliances in trade controls to protect emerging American technologies, Nextgov/FCW reported Thursday. Thea Rozman Kendler, assistant secretary in the Department of Commerce’s Bureau of Industry and Security Export Administration, told the subcommittee that U.S. export controls would be...
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UK Reviewing Additional Actions Against China After Spy Arrests
The United Kingdom is considering increasing background checks on individuals working for the Chinese government and could add China to a new registration scheme that aims to crack down on foreign political influence activities, Deputy Prime Minister Oliver Dowden said in a statement. The official’s remarks were in response to reports that the Metropolitan Police...
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US Sanctions 3 Entities for Supporting Pakistan’s Ballistic Missile Development Program
The United States has sanctioned three China-based entities tagged for allegedly supplying critical components for Pakistan’s ballistic missile development program. The three designated companies are General Technology Ltd, Beijing Luo Luo Technology Development Co. and Changzhou Utek Composite Co. In a statement, Matthew Miller, a spokesperson for DOS, said the companies engaged in activities that...
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Chinese Companies Pivot to R&D, Away From Copycat Strategy
Chinese companies are boosting product research and development spending to veer away from copying foreign products. According to a Nikkei Asia report, listed companies in China spent $228 billion on R&D in 2022, a figure that has more than doubled over the last five years. These firms employ a total of 3.08 million researchers and...
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Two Chinese Companies Get US Ban Over Forced Labor Concerns
The Department of Homeland Security has added Camel Group and Chenguang Biotech Group to its list of entities barred from doing business in the United States over concerns that the two China-based companies use forced labor. The interagency Forced Labor Enforcement Task Force, headed by the DHS, flagged the companies for practices that target members...
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Report: China to Raise $41B Fund to Develop Advanced Chips
The China Integrated Circuit Industry Investment Fund, also known as the Big Fund, is planning to launch its third investment initiative supporting the country’s development of advanced semiconductors. People familiar with the matter told Reuters that China’s state-owned fund aims to generate investments worth $41 billion, a significant increase compared to the previous funds worth...