The US government has stepped up a feud with Beijing over security by adding China's biggest processor chip maker and a state-owned oil giant to a blacklist.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
The Trump administration added Semiconductor Manufacturing International Corporation (SMIC) and China National Offshore Oil Corporation to a list of entities seen to be part of efforts to modernise the ruling Communist Party's military wing, the People's Liberation Army.
Adding a company to the list ultimately limits access to American technology and investment.
SMIC plays a leading role in the ruling party's efforts to reduce reliance on US and other foreign technology by creating Chinese suppliers of processor chips and other components.
China said on Friday it firmly opposed the United States' wanton oppression of its companies and asked America to stop abusing the concept of national security.
Foreign ministry spokeswoman Hua Chunying told a regular briefing on Friday it would severely harm the US's interests and image.
China has accused the US of using the national security concerns to handicap fledgling Chinese competitors.
That has taken on greater urgency after Washington blocked access to American chips and other technology for telecom equipment giant Huawei and imposed curbs on other Chinese buyers.
The White House also has blocked the use of US technology by global vendors to produce chips for Huawei.
The Pentagon's first list of 20 companies deemed to be PLA-linked in June included Huawei and video surveillance provider HikVision Digital Technology.
Australian Associated Press
