Taipei, July 10 -- China's Ministry of Commerce on Wednesday announced export restrictions against eight Taiwanese companies, a move analysts described as largely symbolic and unlikely to have a significant commercial impact, Focus Taiwan reported.
The restrictions, which took effect immediately, ban Chinese exports of dual-use items, products with both civilian and military applications, to the targeted entities. According to Focus Taiwan, the companies include Aerospace Industrial Development Corp. (AIDC), Geosat Aerospace & Technology, National Chung-Shan Institute of Science and Technology, JC Tech, CSBC Corp., Taiwan, Jong Shyn Shipbuilding Group, Lungteh Shipbuilding, and GWS Technologies.
MOFCOM said the sanctions were enacted un...
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