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China Bans State Procurement of Goods From 46 US Companies — Finance Ministry

Chinese vendors at a clothing stall wait near Chinese and US flags for customers in Beijing, China, Tuesday, Sept 6, 2005.

BEIJING (Sputnik) — China has released a list of 46 US companies, including Lockheed Martin Corporation, from which it is prohibited to purchase any products through government procurement, the Chinese Ministry of Finance announced on Monday. «In accordance with applicable laws and regulations, a decision has been made to impose relevant measures against 46 US companies within the framework of government procurement activities,» the ministry said in a statement. Chinese companies are prohibited from procuring products manufactured by the 46 US companies in question, with the exception of US-invested enterprises operating in China. The list includes Lockheed Martin Corporation, Raytheon Missiles & Defense, General Atomics Aeronautical Systems, and General Dynamics Land Systems, as well as Boeing Defense, Space & Security, Inter-Coastal Electronics, Teledyne FLIR, VSE Corporation, Cubic Global Defense, Dedrone by Axon, Oceaneering International, and DZYNE Technologies. The restrictions also apply to Elbit Systems of America, Epirus, AeroVironment, Exelis, Alliant Techsystems, BAE Systems, Cyberlux Corporation, Sierra Nevada Corporation, Shield AI, and Summit Technologies.AnalysisChina’s Economy and Industrial Base Give It Leverage the US no Longer Holds Unilaterally15 May, 17:39 GMT

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