Just 2 days before trade talks resume, 28 Chinese entities got blacklisted.
The reason for the crackdown?
China’s human rights abuses – focused in the Xinjiang region.
The focus of the controversy?
Detention camps. Thousands of Uyghurs (and other Muslin ethnic minorities) got locked up the last 2.5 years.
Former detainees liken them to re-education camps. There are reports of torture and threats of torture to modify beliefs and behaviors.
Some of China’s leading AI firms are taking the hardest hit.
The 28 blacklisted companies can no longer buy US products or import our technology. 20 are government and security bureaus and 8 are companies.
Two of the biggest names on the blacklist are Hikvision (which suspended trading after the move) and Meiya Pico.
Hikvision is a leading provider of AI-driven video surveillance. Meiya Pico is a top digital forensics firm.
They have now joined Huawei on the “Entity List.”
Early this morning, China slammed the move as groundless.
“This act seriously violates the basic norms of international relations, interferes with China’s internal affairs and damages the interests of the Chinese side, and China expresses its strong dissatisfaction and resolute opposition to this.”
The big question – how will this move affect upcoming trade talks?
For better or for worse?
Read more here.