Reuters citing a Commerce Dept document

  • US close to declaring that 89 Chinese aerospace and other companies have military ties that can stop them from receiving certain US exports

More from Reuters:

  • A spokesman for the U.S. Department of Commerce, which produced the list, declined to comment.
  • The Chinese foreign ministry did not immediately respond to a request for comment.

The list is included in a draft rule that identifies Chinese and Russian companies the U.S. considers "military end users," a designation that means U.S. suppliers must seek licenses to sell a broad swath of commercially available items to them.

If Reuters are onto something with this it'll put a bit of a dampener on the 'risk' bid we have seen during the session here (further escalation of US-China strains ... and I've said before those expecting Biden to reverse moves like this ... I don't think he will).

Link for more


ps this from a good few hours ago posted here ICYMI: