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US plots to sanction COMAC, AVIC - report

The US Department of Commerce is planning to impose sanctions on 89 Chinese aerospace firms, including aircraft manufacturers AVIC and COMAC, for their alleged military ties, Reuters has reported. The news agency saw a draft list of sanctions, although the representatives of the US administration refused to comment or acknowledge the plan. According to the draft, the sanctions would be motivated by "national security interest". If enacted, the sanctions would substantially hinder… ( More...

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