NEW DELHI: China on Monday imposed export controls on 10 US companies involved in defence and rare earths mining, while also banning government procurement agencies from purchasing products made by dozens of American firms, escalating tensions between the world's two largest economies.

Beijing's Ministry of Commerce placed 10 U.S. industrial suppliers on its export control list, blocking them from receiving any dual-use goods of Chinese origin, according to CNBC.

China imposed a sweeping set of countermeasures against the United States on Monday, placing 10 US companies on an export control list and barring government agencies from…