China Slams US for Adding Firms to Export Control List

Dark clouds loom over the city in Beijing on August 23, 2024. (Photo by ADEK BERRY / AFP)
Dark clouds loom over the city in Beijing on August 23, 2024. (Photo by ADEK BERRY / AFP)
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China Slams US for Adding Firms to Export Control List

Dark clouds loom over the city in Beijing on August 23, 2024. (Photo by ADEK BERRY / AFP)
Dark clouds loom over the city in Beijing on August 23, 2024. (Photo by ADEK BERRY / AFP)

China's Ministry of Commerce said on Sunday it strongly opposed a US decision to add multiple Chinese entities to its export control list over Russia-related issues.

The United States on Friday added 105 Russian and Chinese firms to a trade restriction list over their alleged support of the Russian military.

The companies - 42 Chinese, 63 Russian and 18 from other countries - were targeted for reasons from sending US electronics to Russian military-related parties to producing thousands of Shahed-136 drones for Russia to use in its invasion of Ukraine.

US suppliers must get difficult-to-obtain licenses in order to ship to companies on the "entity list,” as it is called.

China's ministry said the US action disrupts the international trade order and hinders normal economic exchanges, adding China would take necessary measures to resolutely safeguard the legitimate rights of its companies.



Morocco’s Tanger Med Port Handles 10.24 Mln Containers in 2024

A view of Morocco's Tanger Med Port. (AFP file)
A view of Morocco's Tanger Med Port. (AFP file)
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Morocco’s Tanger Med Port Handles 10.24 Mln Containers in 2024

A view of Morocco's Tanger Med Port. (AFP file)
A view of Morocco's Tanger Med Port. (AFP file)

Morocco's Tanger Med Port said on Wednesday it maintained its position as the Mediterranean's leading port handling 10.24 million containers, up 18.8% from a year earlier.

Reuters had reported in June that the port was expecting to exceed its nominal processing capacity of 9 million foot equivalent units (TEUs), this year.

Citing reduced waiting and maneuvering times, Tanger Med processed a total of 142 million tons of freight, up 16.2%, the port's authority told Reuters.

The number of vehicles exported through the port grew 4% to 600,872, mostly produced by Renault and Stellantis plants in the country, the port authority said.