Pentagon blacklists China chipmaker SMIC and oil producer CNOOC – CNBC

WASHINGTON  China’s largest chipmaker and national offshore oil and gas producer were added Thursday to a blacklist of alleged Chinese military companies, the Pentagon said in an evening statement.
The Department of Defense designated a total of four companies as being either owned or controlled by the People’s Liberation Army.

• Semiconductor Manufacturing International Corp.
• China National Offshore Oil Corp.
• China Construction Technology Co. Ltd.
• China International Engineering Consulting Corp.

The…

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