Business
US blacklists Chinese companies including chip giant SMIC – CNA
The United States on Friday announced it has imposed export controls on 77 Chinese companies including the country’s biggest chipmaker, SMIC, restricting its access…
WASHINGTON: The United States on Friday (Dec 18) announced it has imposed export controls on 77 Chinese companies including the country’s biggest chipmaker, SMIC, restricting its access to US technology over its alleged ties to China’s military.
The announcement in the final weeks of President Donald Trump’s term comes after relations between Washington and Beijing soured under his administration, which saw the US start a trade war with China and expand its list of sanctioned entities to a few hundred…
Continue Reading