Balloon Entities

Balloon Entities
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​The Bureau of Industry & Security, a Division of the US Department of Commerce, added 6 Chinese companies to the ‘entities list’ based on their alleged participation in the recent “Wandering Balloon” issue that dominated the news in recent days.  According to the BIS, these companies have been added for their support of China’s military modernization efforts, specifically the PLA (People’s Liberation Army) aerospace program, including airships and balloons, specifically using high-altitude balloons for intelligence and reconnaissance.  While any US entity wanting to do business with these companies can submit a request for a trade license, under the column “License Review Policy” in the BIS statement, each was categorized as “Presumption of Denial”.
China’s Foreign Ministry stated that the country has always opposed the US unilateral sanctions on Chinese institutions, enterprises, and individuals, and that the “Chinese civilian unmanned airship that strayed into US airspace was completely accidental incident caused by force majeure”, and has explained such to the US government, and the Chinese press says the US is using the incident to ‘blackmail’ the 6 Chinese companies…
Beijing Nanjiang Aerospace Technology
China Electronics Technology Group
Dongguan Lingkong Remote Sensing Technology
Eagles Med Aviation Science & Technology Group
Guangzhou Tian-Hai-Xiang Aviation Technology
Shanxi Eagles Med Aviation Science & Technology Group