Tighter US export controls on Chinese firms opposed

The United States government's move to add 33 Chinese entities to its so-called Unverified List disregards multilateralism and international commerce rules, and the tighter export controls will further stress the already fragile global industrial and supply chains, experts said on Tuesday.

They also said the increased restrictions on overseas shipments by US exporters will not only hurt the legitimate rights of foreign organizations, but will eventually harm US enterprises while impeding international cooperation in technology and trade.

Their comments came after the US Commerce Department said on Monday that it had added the 33 Chinese entities to the list, which requires extra procedures from US exporters who want to do business with them. The new entries are primarily high-tech enterprises, such as two subsidiaries of biotech WuXi Biologics and some electronics companies.