America intends to ban exports to 89 Chinese companies

The current US administration is close to issuing a list of 89 Chinese airlines and other companies that will not be able to access US technology exports due to their military ties.

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This step could lead to an escalation of tensions as the Biden administration prepares to take the lead.

According to Arabianet, a draft copy of a list from the US Department of Commerce showed that the Commercial Airplanes Co. Named.

Bloomberg, citing Reuters, said that such an advertisement would restrict companies from buying American goods and technology.

This step may inflame the already growing tensions between the United States and China on fronts, whether trade, Taiwan, and dealing with the Corona virus, as President-elect Joe Biden prepares To assume the position of president.

The Chinese Foreign Ministry said today, Monday, that it strongly opposes the US suppression of Chinese companies for no reason. It was seen by Arabic.net.

Foreign Ministry spokesman Zhao Li Jian said in a press conference that the United States should stop expanding the concept of national security to crack down on foreign companies.

AVIC, is a state-owned conglomerate with more than 100 subsidiaries and more than 450,000 employees. In June, the Trump administration placed Ivic on a list of companies it said were controlled or owned by the Chinese People's Liberation Army. The company also operates a civilian company that manufactures warplanes and private jets - some of which were built with parts made by joint ventures with US companies.

state-owned Comac is manufacturing replacements for Boeing and Airbus and is now delivering them to major Chinese airlines. The company is producing a single aisle model designed to compete with the Boeing 737 and Airbus A320 aircraft, and is in the early stages of developing a widebody aircraft.

In its latest forecast for the commercial aviation market in China, Boeing said the country's airlines will likely purchase 8,600 new aircraft over the next 20 years for a total of $ 1.4 trillion.

one of the companies at particular risk is General Electric, a supplier to Comac. For the C919 narrow-body aircraft now under test, COMAC uses engines from CFM In ...