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China tightens limits on 10 US firms
China has imposed export restrictions on 10 American companies operating in the fields of defense and rare metals, in response to Washington’s blacklisting of Chinese companies, claiming they support the Chinese military. Additionally, Chinese government agencies have been barred from purchasing products from dozens of American companies, a move that reflects escalating tensions between the two countries after the United States listed another 80 Chinese companies on a black list. These measures come amid rising trade and security tensions between China and the U.S., following efforts to improve relations after the American president's visit to Beijing.
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