“Contributed to the modernization of the Chinese military – Violation of Russian sanctions”
U.S. sanctions Chinese high-tech companies in connection with military, such as AI
The United States has begun imposing sanctions on 28 Chinese companies, including BGI, the world’s largest genetic analysis company, and Longshun, a semiconductor company. Recently, the United States has warned that if China provides arms support to Russia, it will impose sanctions on China along with its allies. Companies on the blacklist have been subject to sanctions for contributing to the modernization of China’s military or violating sanctions against Iran and Russia.
The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce released a list of 37 sanctioned companies through the Federal Register on the 2nd (local time), and said that 28 of them were Chinese companies. Besides Chinese companies, four Pakistani companies, three Myanmar companies, and one each from Russia and Taiwan were included.
Donga DBChina’s BGI Group was included in the reason for sanctions not only for its connection with the Chinese military, but also for concerns about human rights violations. The Ministry of Commerce said, “From gene collection to analysis, it was used in connection with the Chinese military to suppress ethnic minorities.” Bloomberg News analyzed that Longshun and Inspur, which are included in the sanctions, are high-tech companies that China relies on for ‘technological rise’. Longshun, a central processing unit (CPU) company, is a potential follower of Intel, a US semiconductor company, and Inspur, a server manufacturer, is considered a competitor of US HP. The Chinese artificial intelligence (AI) company ‘4 Paradigm’, which received investment from investment bank Goldman Sachs and others, was also on the list of sanctions.
China is providing full support for technology independence, such as investing 9 trillion won in YMTC (Yangtze Memory Technology), China’s largest memory semiconductor company, which is subject to US sanctions. On the 3rd, Hong Kong’s South China Morning Post (SCMP) quoted Tianyancha, a Chinese business information site, and reported that three Chinese state-run investors recently invested 49 billion yuan (approximately 9.27 trillion won) in YMTC.
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Source: Donga
Mark Jones is a world traveler and journalist for News Rebeat. With a curious mind and a love of adventure, Mark brings a unique perspective to the latest global events and provides in-depth and thought-provoking coverage of the world at large.