• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    US stocks end higher as AI shares stabilise

    State of Supply Chain Sustainability Report finds corporate commitment at record high, but governance lags behind

    Expect the Unexpected: Booking.com’s 2027 Travel Predictions Reveal the Ultimate Travel Flex is Going Off-Script

    AI model decodes the language cells use to communicate

    Satellite data reveal how Antarctica’s ice cliffs behave over time

    Born to Be Open: RoboParty Launches RP1, a Full-Stack Open-Source Humanoid

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Cathay Cargo Launches AI Compliance Tool to Streamline Global Trade Operations

    PCCW Global and Druid Technology Partner on Belt and Road IoT Connectivity

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    US stocks end higher as AI shares stabilise

    State of Supply Chain Sustainability Report finds corporate commitment at record high, but governance lags behind

    Expect the Unexpected: Booking.com’s 2027 Travel Predictions Reveal the Ultimate Travel Flex is Going Off-Script

    AI model decodes the language cells use to communicate

    Satellite data reveal how Antarctica’s ice cliffs behave over time

    Born to Be Open: RoboParty Launches RP1, a Full-Stack Open-Source Humanoid

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Cathay Cargo Launches AI Compliance Tool to Streamline Global Trade Operations

    PCCW Global and Druid Technology Partner on Belt and Road IoT Connectivity

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

Beijing hits back with export curbs on US firms

Greta W. by Greta W.
22 June 2026
in News, World
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter
The Ministry of Commerce announced on Monday that 10 US companies, including Aveox, have been added to the export control list in accordance with the nation’s export-control law and regulations on export control of dual-use items.

The measure was taken to safeguard national security and interests, and fulfil international obligations such as non-proliferation, according to a statement from the ministry.

Effective as of the date of this announcement, export operators are prohibited from exporting dual-use items to the 10 entities that also include Red Cat Holdings, Teal Drones, Imsar, Jaia Robotics, Ball Aerospace & Technologies, Oshkosh Defense, L3Harris Maritime Services, MP Materials and USA Rare Earth, it said.

Aveox holds aerospace defence contracts with the US military and makes specialised motors for mission-critical applications while Oshkosh Defense produces military vehicle fleets.

Organisations and individuals from any country or region are prohibited from transferring or providing dual-use items originating in China to the above-mentioned entities. Relevant ongoing export activities shall be immediately halted, the ministry said.

China’s new export controls come “in response to the US government’s egregious act of adding to its so-called ‘Chinese military enterprise list'”, it said, adding that the move was also to safeguard national security.

The move comes a month after US leader Donald Trump visited Beijing, seeking to stabilise fraught relations during talks with President Xi Jinping.

However, Washington later released a new blacklist of 80 companies and their subsidiaries it said were aiding the Chinese military, prompting Beijing to threaten retaliation.

The Finance Ministry simultaneously announced a ban on agencies involved in public procurement from buying products made by 46 US firms, including Lockheed Martin, Raytheon and Boeing’s defence division.

Companies with US investments in China are excluded, according to a statement from the Finance Ministry, which said measures would take effect from Monday.

The US blacklist saw tech giants Alibaba and Baidu added, as well as electric vehicle giant BYD. (Xinhua & agencies)

Tags: World
Greta W.

Greta W.

Read More

Travellers get Chung Yeung headstart at Huanggang

17 October 2026

Law confident of HK hitting target of 53.8m visitors

17 October 2026
  • Trending
  • Comments
  • Latest

Arcfra Releases Neutree 1.2 to Add Non-LLM Model Support and Simplify AI Operations

17 September 2026

Yeastar Launches NovoOne, an AI-native Multi-tenant Communications Platform for Service Providers

24 September 2026

Indian Australian Businessman Dushyant Khanna Co-Chairs US$1 Trillion iBRICS Summit by SWFI in New Delhi

29 September 2026

Court backs Pentagon action over Anthropic

26 September 2026

US stocks end higher as AI shares stabilise

15 October 2026

State of Supply Chain Sustainability Report finds corporate commitment at record high, but governance lags behind

15 October 2026

Expect the Unexpected: Booking.com’s 2027 Travel Predictions Reveal the Ultimate Travel Flex is Going Off-Script

15 October 2026

AI model decodes the language cells use to communicate

15 October 2026

Recent News

US stocks end higher as AI shares stabilise

15 October 2026

State of Supply Chain Sustainability Report finds corporate commitment at record high, but governance lags behind

15 October 2026

Expect the Unexpected: Booking.com’s 2027 Travel Predictions Reveal the Ultimate Travel Flex is Going Off-Script

15 October 2026

AI model decodes the language cells use to communicate

15 October 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com