US adds 13 companies in China to unverified list
Business
US adds 13 companies in China to unverified list
vWASHINGTON (Reuters) - The United States has added 13 companies in China to its list of companies US officials have been unable to inspect, according to a government notice posted on Tuesday.
Under a policy implemented during the Biden administration, if a government prevents US officials from conducting site checks at companies on the unverified list, Washington will then start the process of adding them to the entity list – a more restrictive export control list – after 60 days.
The new additions include PNC Systems Co Ltd of Jiangsu, Beijing Shengbo Xietong Technology Co Ltd, Guangzhou Xinwei Transportation Co Ltd and Plexus (Xiamen) Co Ltd.
