Tag: US-China Relations

China to Restrict Exports of Aviation and Aerospace Components Citing National Security

China has announced that it will impose restrictions on the export of certain aviation and aerospace components and technologies starting July 1, in a move aimed at safeguarding national security. This development marks a significant shift in China’s export control policies, aligning with international practices of regulating sensitive materials and technologies.

The Ministry of Commerce, in collaboration with the General Administration of Customs and the Equipment Development Department of the Central Military Commission, made the announcement on Thursday. The new regulations will specifically target items including equipment, software, and technologies related to aerospace structural components, engine manufacturing, and gas turbine manufacturing. Exporters of these items will now be required to obtain export licenses.

In a statement, a spokesperson from the Ministry of Commerce emphasized that the primary goal of the new regulations is to protect national security and ensure compliance with international obligations such as non-proliferation. “It is an international practice to implement export controls on specific molds, special fiber materials, and other related items,” the spokesperson stated, further clarifying that the new rules are not directed at any particular country or region.

The statement also highlighted China’s stance against any country or region using controlled items from China to compromise its national sovereignty, security, and development. This move underscores Beijing’s broader strategy to fortify its national security measures in the face of evolving global dynamics.

This announcement comes amid ongoing tensions between China and the United States, with both nations having previously instituted export restrictions on technology, equipment, and materials crucial to national security. Just recently, on May 20, China’s commerce ministry imposed sanctions on Boeing and two other defense companies for their arms sales to Taiwan, as reported by the Associated Press .

China is a significant player in the global aviation and aerospace market, both as a supplier and as a consumer. According to data from the International Trade Centre, China’s exports of aviation and aerospace components and technologies reached approximately $5 billion in 2023. This includes a wide range of products, from aircraft parts to advanced materials used in aerospace manufacturing.

The United States is one of the major importers of Chinese aviation and aerospace components. In 2023, the U.S. imported around $1.2 billion worth of these components from China. These imports are critical for various sectors within the U.S. aerospace industry, which relies on a global supply chain for manufacturing and maintenance operations.


Information for this briefing was found via AP, Reuters, CNBC, and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Report Reveals Untracked Millions In U.S. Defense Funds Sent to China for Pathogen Research

June 23, 2024, 09:13:00 AM

Pentagon’s Secret Anti-Vax Campaign to Undermine China During Pandemic Exposed

June 16, 2024, 11:45:00 AM

China to Restrict Exports of Aviation and Aerospace Components Citing National Security

May 31, 2024, 10:49:00 AM

Biden to Escalate Tariffs on Chinese Goods, EVs Up To 102.5%

May 13, 2024, 10:51:00 AM

TikTok Accidentally Made The Case For US National Security Concern, Admits Chinese Gov’t Won’t Allow Divestment

May 8, 2024, 03:55:00 PM

Multiple Rockets Fired at US Military Base in Syria from Iraq

April 22, 2024, 10:34:00 AM

China Is Campaigning To Stop The TikTok Ban

March 11, 2024, 11:08:07 AM

Elon Musk Reportedly Blocking Starlink From US In Taiwan

February 27, 2024, 03:47:00 PM

Why Is A Chinese Bitcoin Farm In The US, Next To A Data Center Supporting The Pentagon?

October 16, 2023, 11:32:00 AM

China’s Export Slump Continues as Domestic and International Demand Weakens

September 11, 2023, 11:37:00 AM

George Soros to Shut Down Most EU Operations, Focus Liberal Causes on China Instead

August 20, 2023, 01:41:00 PM

Intel and Tower Semiconductor Abandon $5.4 Billion Merger Amid Regulatory Challenges

August 17, 2023, 06:14:00 AM
Video Articles

Bell Q3 Earnings: Massive Impairments. Guidance Cuts. A Mess.

Alamos Gold Q3: Record Revenue & Production Amid Rising Costs

The Junior Mining Market Is Back

Recommended

Germany Looks To Modernize Military Recruitment But Stops Short of Conscription

First Majestic Silver Posts Topline Revenue Of $146.1 Million In Q3 2024