5 Chinese companies and a research institute blacklisted by U.S. over spy balloon program (2024)

/ AP

As part of its retaliation against China over the alleged spy balloon that flew across U.S. airspace last week, the U.S. has blacklisted six Chinese entities it says were linked to Beijing's aerospace programs.

The economic restrictions announced Friday followed the Biden administration's pledge to consider broader efforts to address Chinese surveillance activities and will make it more difficult for the five companies and one research institute to obtain American technology exports.

The move is likely to further escalate the diplomatic row between the U.S. and China sparked by the balloon, which was shot down last weekend off the Carolina coast. The U.S. said the balloon was equipped to detect and collect intelligence signals, but Beijing insists it was a weather craft that had blown off course.

The incident prompted Secretary of State Antony Blinken to abruptly cancel a trip to Beijing aimed at easing tensions.

The U.S. Bureau of Industry and Security said the six entities were being targeted for "their support to China's military modernization efforts, specifically the People's Liberation Army's (PLA) aerospace programs including airships and balloons."

"The PLA is utilizing High Altitude Balloons (HAB) for intelligence and reconnaissance activities," it said.

Deputy Secretary of Commerce Don Graves said on Twitter that his department "will not hesitate to continue to use" such restrictions and other regulatory and enforcement tools "to protect U.S. national security and sovereignty."

The six entities are Beijing Nanjiang Aerospace Technology Co., China Electronics Technology Group Corporation 48th Research Institute, Dongguan Lingkong Remote Sensing Technology Co., Eagles Men Aviation Science and Technology Group Co., Guangzhou Tian-Hai-Xiang Aviation Technology Co., and Shanxi Eagles Men Aviation Science and Technology Group Co.

The research institute did not immediately respond to a request for comment. The other five entities could not be reached.

On Friday, a U.S. military fighter jet shot down an unknown object flying off the remote northern coast of Alaska on orders from President Joe Biden. The object was downed because it reportedly posed a threat to the safety of civilian flights, instead of any knowledge that it was engaged in surveillance.

But the twin incidents in such close succession reflect heightened concerns over China's surveillance program and public pressure on Biden to take a tough stand against it.

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5 Chinese companies and a research institute blacklisted by U.S. over spy balloon program (2024)

FAQs

5 Chinese companies and a research institute blacklisted by U.S. over spy balloon program? ›

The six entities are Beijing Nanjiang Aerospace Technology Co, China Electronics Technology Group Corporation 48th Research Institute, Dongguan Lingkong Remote Sensing Technology Co, Eagles Men Aviation Science and Technology Group Co, Guangzhou Tian-Hai-Xiang Aviation Technology Co, and Shanxi Eagles Men Aviation ...

What Chinese companies are blacklisted in the US? ›

The six entities are Beijing Nanjiang Aerospace Technology Co., China Electronics Technology Group Corporation 48th Research Institute, Dongguan Lingkong Remote Sensing Technology Co., Eagles Men Aviation Science and Technology Group Co., Guangzhou Tian-Hai-Xiang Aviation Technology Co., and Shanxi Eagles Men Aviation ...

What blacklist entities involved in the spy balloon programs? ›

The entities that the United States targeted Friday were Beijing Nanjiang Aerospace Technology Company, Dongguan Lingkong Remote Sensing Technology Company, Eagles Men Aviation Science and Technology Group Company, Guangzhou Tian-Hai-Xiang Aviation Technology Company, Shanxi Eagles Men Aviation Science and Technology ...

What Chinese companies are banned in US? ›

Late last month, the U.S. banned the sale of communications equipment made by Chinese companies Huawei and ZTE and restricting the use of some China-made video surveillance systems, including Hangzhou Hikvision, citing an “unacceptable risk” to national security.

How did China respond to the spy balloon? ›

Silence, then admission. After the Pentagon first announced the existence of the balloon on 2 February, Chinese officials refrained from an immediate response, only breaking their silence the following evening.

Which major Chinese company recently got deleted in the US? ›

In November last year, US President Joe Biden signed the law to ban Chinese tech companies like Huawei and ZTE from getting approval for network equipment licences in the country.

What Chinese company is on the trade blacklist? ›

In 2020, the US commerce department added two units of BGI Group, the world's largest genomics company, to its economic blacklist over allegations it conducted genetic analyses used to further the repression of China's minority Uyghurs. Beijing has denied wrongdoing. BGI denied allegations of wrongdoing at the time.

What company owns The Blacklist? ›

The Blacklist
Production companiesDavis Entertainment Universal Television Sony Pictures Television
Release
Original networkNBC
Picture formatHDTV 1080i
19 more rows

What are the six Chinese companies? ›

The Six Companies, organized in the 1850s and formally established in 1882, were an amalgamation of the six most important Chinese organizations, or "district associations," in California at the time: the Sam Yup, Yeung Wo, Kong Chow, Ning Yuen, Hop Wo, and Yan Wo.

Who is the tracker in blacklist? ›

Middleton appeared as a recurring cast member on The Blacklist in which he played Glen Carter, a DMV worker who moonlights as a tracker. This is arguably his most well-known role.

What are the US 5 Chinese companies? ›

The sanctioned entities are Hangzhou Fuyang Koto Machinery Co; Guilin Alpha Rubber and Plastics Technology Co; Raven International Trade; Shenzhen Caspro Technology Co; and S&C Trade PTY Co. S&C's China-based employee Yuan Yunxia was also cited.

What US companies are most exposed to China? ›

Tesla, Intel, Nvidia (NVDA), Wynn Resorts (WYNN) and MGM Resorts (MGM) were also among the 25 S&P 500 companies with the most exposure to China. Companies that generate more than 50% of sales outside of the United States saw an earnings decline rate of -10.2% in the first quarter of 2023, according to FactSet data.

What 7 US companies are owned by China? ›

American Companies You Didn't Know Were Owned By Chinese Investors
  • AMC. Popular cinema company AMC, short for American Multi-Cinema, has been around for over a century and is headquartered in Leawood, KS. ...
  • General Motors. ...
  • Spotify. ...
  • Snapchat. ...
  • Hilton Hotels. ...
  • General Electric Appliance Division. ...
  • 49 Comments.
Jan 12, 2021

How many Chinese companies are on the US entity list? ›

Of these 34 entities, 14 are based in the People's Republic of China (PRC) and have enabled Beijing's campaign of repression, mass detention...

Which major Chinese companies are listed in the US? ›

273 Stocks
No.SymbolCompany Name
1BABAAlibaba Group Holding Limited
2PDDPDD Holdings Inc.
3NTESNetEase, Inc.
4JDJD.com, Inc.
61 more rows

How many Chinese firms are listed in the US? ›

This table includes Chinese companies listed on the New York Stock Exchange (NYSE), Nasdaq, and NYSE American, the three largest U.S. exchanges. * As of January 9, 2023, there were 252 Chinese companies listed on these U.S. exchanges with a total market capitalization of $1.03 trillion.

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