China on Friday announced that it has actually added 11 U.S.
business, consisting of drone maker Skydio, to the undependable entity list.In current years, business consisting of Skydio and BRINC Drones have disregarded Chinas strong opposition and taken part in so-called military technology cooperation with the island of Taiwan, seriously weakening Chinas nationwide sovereignty, security and advancement interests, a statement released by Chinas Ministry of Commerce noted.Based on appropriate laws, China has held these companies legally liable for their illegal actions, the ministry said.The 11 U.S.
firms are Skydio Inc., BRINC Drones, Inc., Red Six Solutions, SYNEXXUS, Inc., Firestorm Labs, Inc., Kratos Unmanned Aerial Systems, Inc., HavocAI, Neros Technologies, Domo Tactical Communications, Rapid Flight LLC and Insitu, Inc.According to the declaration, those companies are restricted from engaging in import and export activities associated with China and forbidden from making brand-new financial investments within China.The ministry kept in mind that China has actually constantly worked out prudence in dealing with concerns related to the undependable entity list, only targeting an extremely little number of foreign entities that damage Chinas national security.
Honest and obedient foreign entities have nothing to fret about, it added.The Chinese federal government continues to welcome companies from worldwide to invest and run in China and remains dedicated to offering a stable, fair and foreseeable service environment for obedient foreign enterprises running in the country, stated the ministry.