China bans export of dual-use items to 16 U.S. entities: commerce ministry

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China

China bans export of dual-use items to 16 U.S. entities: commerce ministry

2025-04-04 18:41 Last Updated At：23:17

The Ministry of Commerce has added 16 U.S. entities to China's export control list to safeguard national security and interests and fulfill international obligations, including non-proliferation commitments, as it announced on Friday.

The export of dual-use items to the 16 U.S. entities is prohibited in accordance with the relevant provisions of the Export Control Law of the People's Republic of China and the Regulations of the People's Republic of China on Export Control of Dual-Use Items, and other laws and regulations, said a spokesperson with the ministry.

These entities have been identified as engaging in activities that may endanger China's national security and interests, and any exporters are prohibited from violating these regulations, said the spokesperson in a statement.

China increases gold holdings for 5th straight month

2025-04-07 16:23 Last Updated At：16:37

China's central bank expanded its gold reserves for the fifth consecutive month in March.

According to data released Monday by the People's Bank of China, the country's gold reserves rose to 73.7 million ounces at the end of March, up from 73.61 million ounces in February.

The value of China's gold reserves surged to 229.6 billion U.S. dollars at the end of last month, up from 208.64 billion U.S. dollars at the end of February, driven by additional purchases and increasing prices, as shown by the data.