Biden administration adds 14 Chinese firms to red flag list

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Biden administration adds 14 Chinese firms to red flag list
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The Biden administration on Thursday added 14 Chinese companies to a red flag list, forcing U.S. exporters to conduct greater due diligence before shipping goods to them because U.S. officials have been unable to inspect the listed entities.

Being added to the list can potentially start a 60-day clock that could trigger much tougher penalties.

ECOM International and HK P&W Industry Co Ltd were among those added to the list and did not respond to requests for comment. A spokesperson for the Chinese Embassy in Washington said "China strongly deplores and firmly opposes" moves by the United States to "abuse export control measures" and use "state power to suppress and contain foreign companies."

The United States has used restrictions on exports of U.S. goods as a key tool to thwart Beijing's technological advances, ratcheting up tensions between the two countries.

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