This morning , the U.S. Department of Commerce announced another important piece of news related to Chinese companies. According to the latest announcement, another 33 Chinese companies and institutions have been blacklisted. Companies include Cloud Technology (CloudTech), Beijing Computer Science Research Center, Qihoo 360, Jiehui Chuang (HK) Technology Co. and others.
In response, CloudTech said it regretted the resolution, but there were preparations and alternatives. CloudTech said it will conduct business based on strict compliance with the laws and regulations of the relevant countries and regions. It aims to promote the healthy development of artificial intelligence technology by formulating and implementing strict ethical standards for the use of artificial intelligence technology. It also provides services to customers based on the company’s proprietary technology and products, which have independent intellectual property rights.
"We are confident that the company’s operations will continue to grow healthily and protect the interests of the company’s customers, partners, employees and investors."
It appears that all Chinese companies pose a security risk to the United States. The way the United States does it won’t be long before it bans ALL Chinese companies. But will China’s technological progress collapse without the United States?
It appears that the US is only teaching China how to take care of itself. China’s technology is developing at a rapid pace. The country has the technicians, the workers, and the market. It will be interesting to see how it all ends.
CLOUDTECH DECLARATION FOR ADMISSION TO THE US ENTITY LIST
"We have followed the Department of Commerce documents and related reports in the Chinese and international media, and we will continue to monitor them closely.
Artificial intelligence is the basis for the future functioning of business society and can benefit people on many social issues, such as environmental issues, rural issues, health issues, educational justice issues, etc.
As a Chinese artificial intelligence company, Cloud Technology is committed to "defining intelligent life and promoting human potential". It also insists on two-wheel drive market and technology to combine advanced technology and industrial applications. We hope to use AI to make a contribution to society and change the world. This will strengthen human potential and improve productivity …
CloudTech has always had good relationships with China and other national environmental partners to provide better services to users, and CloudTech will maintain active communication with all parties to ensure fair and equitable treatment. We are confident that the company’s operations will continue to grow healthily and protect the interests of the company’s customers, partners, employees and investors. "
The United States blacklist 33 other Chinese companies first appeared on Xiaomist .