The US government's decision to add 33 Chinese technology companies and institutions to its "Entity List" will hurt the interests of the suppliers in the United States and impede international technology cooperation, especially with the novel coronavirus pandemic triggering a global economic downturn, experts said.
The US Department of Commerce placed the companies and institutions, including cybersecurity company Qihoo 360 Technology, artificial intelligence start-up Cloud-Walk Technology and Beijing Computational Science Research Center, on a list barring them from buying components from US companies without government approval.
Qihoo 360 said in a statement that it firmly opposed the decision and the US Department of Commerce's politicization of business activities and technology research and development.
The company said the US government's sanction, which attempts to weaken China's cybersecurity defense capabilities, will only benefit organizations involved in attacking computer systems and have a negative impact on global cybersecurity.
"Although being added to the Entity List will cause some problems for our business, it won't have a significant influence on our daily operations, nor will it interrupt our commitment to providing security protection for customers," the statement said.
Source: China Daily
