Impact on trade: Seven China entities were included in the export control list, which damaged the normal trade between enterprises of the two countries and did no good to both sides. Because the sanctioned enterprises are related to aerospace, the middle and lower reaches export enterprises, mainly titanium alloy industry, carbon fiber and boron fiber, will be affected. This practice will eventually harm the relevant interests of the two countries. In the end, consumers in both countries will be affected.
Impact on sanctioned persons: In addition to the impact on trade, sanctions will also have an impact on sanctioned related enterprises. Because enterprises are sanctioned, their exports will be regulated. In addition, it may affect the income of enterprises in a short time. These factors are difficult to change in a short time. But for those who are unable to change, look for more export channels that can cooperate. Finally, the above methods will minimize the impact.
Generally speaking, the inclusion of seven China entities in the export control list will definitely have an impact on those sanctioned enterprises in China. At the same time, it creates difficulties and obstacles for the normal economic and trade cooperation between Chinese and American enterprises, and seriously damages the international economic and trade order and free trade rules. It even poses a serious threat to the global industrial chain supply chain. Regarding the US practices, the Ministry of Commerce has indicated that the US should immediately stop its wrong practices. China will take necessary measures to resolutely safeguard the legitimate rights and interests of enterprises and institutions in China. It can also be seen that the United States listed seven China entities on the export control list, which had a serious impact on the sanctioned related enterprises.