LINE

    Text:AAAPrint
    Business

    U.S. puts Chinese nuclear giant, subsidiaries on Entity List to ban exports

    1
    2019-08-16 09:33:18Global Times Editor : Li Yan ECNS App Download

    The U.S. has added China General Nuclear Power Corp (CGN), China's largest state-owned nuclear company, and several of its subsidiaries to its Entity List, barring U.S. companies from selling products to those enterprises.

    Experts said that the ban is part of a series of U.S. moves to crack down on China's high-technology sector, but those moves have in effect accelerated China's efforts to seek technological independence. 

    The U.S. government said that companies on the entity list have been acting "contrary to" the U.S.' national security or foreign policy interests, according to a statement published by the Federal Register on its website.

    Commenting on the U.S.' move, Chinese Foreign Ministry Spokesperson Hua Chunying said on Thursday that the U.S. is abusing the use of export control measures. 

    It is not only hurting Chinese companies but also affecting overseas companies including those from the U.S., Hua said.

    "After preliminary evaluation, the incident's influence on CGN is controllable," CGN said in a statement it sent to the Global Times on Wednesday. 

    Some of the nuclear power plants being built by CGN are reportedly based on technology from U.S. nuclear plant builder Westinghouse Electric. 

    The U.S. announced in October 2018 it would tighten controls on China's imports of civil nuclear technology to prevent its use for military or other purposes amid China-U.S. trade tensions. 

    "How much the ban hurts CGN and its subsidiaries depends on whether those Chinese companies need to import some irreplaceable but key technologies or products from the U.S.. As far as I know, the answer is no," Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University, told the Global Times on Thursday. 

    Another nuclear expert told the Global Times on condition of anonymity that China has been striving to end its dependence on foreign technology and products in recent years. 

    "The third generation of Chinese nuclear technology, the Hualong One, was independently developed by China. Although some components of the nuclear reactor were imported, it's already a significant improvement compared with the AP1000 technologies whose control and instrumentation systems are entirely imported," the expert said. 

    Wu Chenhui, an independent energy expert, said that the U.S. ban on nuclear exports shows that the ultimate intent of the U.S. trade war with China is to thwart China's development in the high-technology sector. 

    "In recent years, China has shifted its focus to high-technology research and development, and the trade war has added to China's determination to be self-reliant in high technologies as well as accelerated this process," Wu told the Global Times, but cautioning that domestic technology companies should have "reserve plans" when cooperating with overseas partners.

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    ECNS Wire
    Biz
    Economy
    Travel
    Photo
    CNS Photo
    Video
    Video
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2019 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 盱眙县| 青川县| 高阳县| 城口县| 峡江县| 虹口区| 托里县| 道孚县| 洛川县| 繁昌县| 长葛市| 永济市| 怀仁县| 南汇区| 建湖县| 巨鹿县| 横峰县| 通州市| 泊头市| 大化| 通海县| 玉门市| 石屏县| 宜川县| 绍兴县| 乌拉特后旗| 南和县| 东乡族自治县| 政和县| 五寨县| 眉山市| 天门市| 襄垣县| 永川市| 滕州市| 闻喜县| 肥东县| 南召县| 武隆县| 衡水市| 鹤峰县|