‘Stay tuned’: China signals it will hit back after Washington blacklists eight tech giants

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News comes just days before high-level trade talks, sending stocks lower

China signaled it would hit back after the Trump administration placed eight of the country’s technology giants on a blacklist over alleged human rights violations against Muslim minorities.

The Trump administration’s move, which was announced after U.S. markets closed, came on the same day negotiators from the two sides began working-level preparations for high-level talks due to begin Thursday in Washington. A U.S. Commerce Department spokesman said the “action is unrelated to the trade negotiations,” and China confirmed Vice Premier Liu He would lead the delegation as planned.

The companies on the blacklist include two video surveillance companies — Hangzhou Hikvision Digital Technology Co. and Zhejiang Dahua Technology Co. — that by some accounts control as much as a third of the global market for video surveillance and have cameras all over the world. “Specifically, these entities have been implicated in human rights violations and abuses in the implementation of China’s campaign of repression, mass arbitrary detention, and high-technology surveillance against Uighurs, Kazakhs, and other members of Muslim minority groups” in Xinjiang, the U.S. Commerce Department said in a federal register notice published Monday.

The blacklist comes as Trump faces growing pressure at home to support pro-democracy protests in the Chinese-controlled territory of Hong Kong. On Monday, Trump said he was hoping for a “humane solution” in a city where protests have grown increasingly violent.With growth fading, the U.S. and China could both use at least a reprieve from trade tensions. A mini-deal was mooted.

 

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