China prohibits government deals with 46 US entities
The Chinese Ministry of Finance issued a decision to ban the purchase of products from 46 American companies, including Lockheed Martin and Raytheon, in government procurement processes. This move comes amid escalating trade and technological tensions between Beijing and Washington. China confirms that these measures do not apply to American companies with investments in China, and they took effect from the date of their issuance. This step is part of reciprocal restrictions between the two countries in economic and technological fields.
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