Economy

China adds 28 US entities to export control list

BEIJING (Reuters) – China has added 28 U.S. entities to its export control list to “safeguard national security and interests”, the commerce ministry said on Thursday.

The companies on the list include General Dynamics (NYSE:GD), Boeing (NYSE:BA) Defense, Space & Security, Lockheed Martin (NYSE:LMT) and Raytheon (NYSE:RTN) Missiles & Defense.

China is also banning the export of dual-use items to these companies starting on Thursday, the ministry said.

This post appeared first on investing.com

Related posts
Economy

Top 3 defense stocks to buy after Israel attacked Iran

Defense stocks will be in the spotlight on Friday and in the coming days as investors focus on the ongoing crisis in…
Economy

Nifty 50 Index has crashed: here’s why it will rebound soon

The Nifty 50 Index pulled back on Friday as a knee-jerk reaction to the latest Israeli attack on Iran’s nuclear sites, which…
Economy

CAC 40 and DAX indices have crashed: buy the dip?

The DAX and CAC 40 Index futures retreated by minus 1.70% on Friday as investors embraced a risk-off sentiment amid the ongoing…