Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media: Person behind shooting operation at Allenby Crossing is a Jordanian Army soldier.
Israeli media citing Emergency Services: Both wounded in Allenby shooting operation now dead.
Israeli media: One soldier wounded at Allenby crossing now confirmed killed.
Israeli media: Preliminary reports of shooting operation at Allenby crossing with Jordan.
Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test

US imposes export sanctions on 49 entities, 42 from China

  • By Al Mayadeen English
  • Source: Agencies
  • 6 Oct 2023 20:17
3 Min Read

The Bureau of Industry and Security (BIS) amends the Export Administration Regulations by adding 49 entities under 52 entries to the Entity List.

  • x
  • This Thursday, June 8, 2017, photo shows the U.S. Treasury Department building in Washington (AP Photo/Pablo Martinez Monsivais)
    This Thursday, June 8, 2017, photo shows the U.S. Treasury Department building in Washington (AP Photo/Pablo Martinez Monsivais)

According to the United States Commerce Department's Bureau of Industry and Security, the US has added 49 firms to its export restrictions list, including 42 from China, for allegedly offering military support to Russia in violation of current sanctions.

According to the rule,“ The Bureau of Industry and Security (BIS) amends the Export Administration Regulations by adding 49 entities under 52 entries to the Entity List. These entries are under the destinations of the People’s Republic of China (China) (42), Estonia (1), Finland (1), Germany (1), India (3), Turkey (2), United Arab Emirates (1), and the United Kingdom (1)."

The US government claimed that the entities were operating against US national security or foreign policy objectives, according to the paper.

In late September, the South China Morning Post (SCMP) reported that China is preparing to construct artificial intelligence (AI) chip factories equipped with particle accelerators.

By harnessing particle accelerators in the semiconductor manufacturing process, China seeks to reduce its reliance on foreign technologies, a move deemed critical for its economic autonomy, especially amid Western attempts to limit China's technological advance.

Related News

White House drafts order on political violence after Kirk killing

US removes Syria envoys as Kurds face pressure to join Damascus

This development could potentially serve as a strategic workaround for current sanctions imposed on China by the US. Currently, the Netherlands-based Advanced Semiconductor Materials Lithography holds a monopoly on the technology required for the top-of-the-line machines that are necessary for advanced chip production.

The US has effectively banned the delivery of these machines to the tech industry in China in conjunction with the restriction of advanced chip sales from US-based companies to Chinese ones. 

US semiconductor giants warn Biden admin against sanctioning China

Leading semiconductor companies in the US, including Qualcomm, Nvidia, and Intel have called on the Biden administration to restrict China's access to high-end microchips: arguing that such measures could backfire, inflicting significant harm on the US economy.

Representatives from Nvidia, Intel, and Qualcomm have held meetings with key officials in the Biden administration, including Secretary of State Antony J. Blinken and Commerce Secretary Gina M. Raimondo. These meetings aimed to persuade the administration to reconsider imposing additional restrictions on China, which has become a crucial market for American semiconductor companies.

China currently accounts for nearly a third of the global semiconductor market and contributes over $50 billion in combined annual revenue for Intel, Nvidia, and Qualcomm. The executives of these companies have emphasized that a loss of revenue of this magnitude could lead to layoffs, reduced investments in technology development, and diminished economic growth, particularly in semiconductor hubs located in Ohio, New York, and Arizona.

Furthermore, the representatives raised concerns that the US government's actions may inadvertently accelerate China's efforts to establish its independent chip industry, potentially resulting in Chinese-made chips dominating the global market.

China has responded to the US restrictions by imposing sanctions on US semiconductor giant Micron Technology and implementing export restrictions on rare earth materials essential for chip production. These actions have raised concerns about disruptions in the global supply chain for electronic chip-making.

  • United States
  • China
  • US Commerce Department

Most Read

Why is Choose Love using a firm with British and US intelligence connections to run a pro-Palestine musical event? (Al Mayadeen English; Illustrated by Batoul Chamas)

Together for Palestine: Troubling questions about the organisers of this huge event

  • Opinion
  • 17 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025
Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

  • Palestine
  • 14 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A Hezbollah supporter who lost his sight in a pager attack carried out by "Israel" on Sept. 17, 2024, covers his eyes with a red headband inscribed with the name "Hussein" during Ashoura, July 6, 2025 (AP)
Politics

'We Have Recovered': Lebanon marks 1st anniversary of Pager Attack

The Arab neighborhood of El Za'im, on the outskirts of east Occupied Al-Quds in the West Bank, near where Israeli government says housing units will be built as part of the E1 settlement project, Thursday, August 21, 2025. (AP Photo/Ohad Zwigenberg)
Palestine

'Israel’s' deliberate policies drive West Bank economy toward collapse

Ben & Jerry's ice cream shop, Wednesday, Feb. 26, 2025, in Cambridge, Mass. (AP Photo/Charles Krupa)
Politics

Ben & Jerry’s co-founder resigns over parent company curbing activism

Trump’s approval rating falls to new low in second term: Poll
US & Canada

Trump’s approval rating falls to new low in second term: Poll

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS