Global Analysis from the European Perspective. Preparing for the world of tomorrow

Beijing says US blacklisting China’s largest nuclear power firm is ‘just an excuse’

  • On Wednesday the U.S. Department of Commerce added China General Nuclear Power Group, the nation’s largest state-owned nuclear company, to the “entity list.”
  • That means American companies are now barred from selling products to any company on that has been blacklisted.
  • Beijing responded by saying that “most Chinese companies have already prepared for the worst since the onset of the trade war.” Source CNBC

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