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The companies are accused of activities ranging from supplying US electronics to Russian military entities to manufacturing Shahed-136 drones used by Russia in its ongoing conflict with Ukraine. Being added to this "entity list" makes it difficult for these firms to receive US exports, as American suppliers now need special licenses to do business with them. China has expressed strong opposition to the United States' recent decision to add several Chinese companies to its export control list due to their alleged involvement with Russia, according to a report by Reuters. The US move, announced on Friday, targets 105 firms. 42 from China, 63 from Russia, and 18 from other countries for reportedly supporting the Russian military. The companies are accused of activities ranging from supplying US electronics to Russian military entities to manufacturing Shahed-136 drones used by Russia in its ongoing conflict with Ukraine. Being added to this "entity list" makes it difficult for these firms to receive US exports, as American suppliers now need special licenses to do business with them. China's response In response, China's Ministry of Commerce issued a statement on Sunday condemning the US action. The ministry argued that the move disrupts international trade and hinders regular economic exchanges between nations. "China strongly opposes the US decision and will take necessary measures to resolutely safeguard the legitimate rights of its companies," the ministry stated. This development marks yet another escalation in the already tense relationship between the US and China. Over the past few years, the two nations have been at odds over various issues, including trade, technology, and geopolitical influence. The latest US sanctions are likely to further strain the relationship, with potential repercussions for global trade and economic stability. China's pledge to take "necessary measures" signals that it may retaliate against the US in some form, though specific actions have not yet been detailed. As the situation unfolds, it is expected to contribute to the ongoing uncertainty in the global market, particularly in sectors that rely heavily on U.S.-China trade relations. The US government, meanwhile, continues to justify its actions as necessary to counter what it sees as threats to national security and global stability, particularly in light of Russia's actions in Ukraine. The Biden administration has remained firm in its stance, signalling that further actions could be taken if deemed necessary. None
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