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The United States on Friday blacklisted dozens of Chinese companies, including major chip maker SMIC. This was reported by Reuters news agency based on locals. The move appears to be President Donald Trump’s last attempt to leave his mark on Sino – US relations.
In total, the U.S. government is expected to add about 80 additional companies and organizations to the corporate list. This includes companies associated with the Chinese military. Some companies are also said to have helped create artificial islands in the South China Sea. With practices like that, China is trying to support regional claims on that water.
Americans have long had their gaze on SMIC, the largest chip company in the People’s Republic. Last month, the Ministry of Defense already added the company to the list of Chinese military companies. New additions to the company list will force SMIC to apply for a special license from the Department of Commerce before sending important goods to an American supplier.
Huawei
Previously, a large technical team called Huawei Technologies was already on Washington’s blockchain because of the risks of spying for the Chinese government. U.S. companies are no longer allowed to sell key technology to Hawaii.
Trump also recently banned U.S. investment in military-owned or military-controlled Chinese companies. In this way, Trump is trying to tighten the grip on China in the last few weeks of his presidency. His successor Joe Biden is also being held back when it comes to a tough approach to China.
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