US Blacklists More Chinese Tech Companies, Escalating Trade Fight – Bloomberg

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The US government is blacklisting Yangtze Memory Technologies Co., Shanghai Micro Electronics Equipment Group Co. and dozens of other Chinese tech companies, ratcheting up a trade conflict between the world’s two largest economies.
The Department of Commerce is placing the companies on the so-called entity list, meaning that anyone seeking to supply them with US technology will require a license from Washington — something that will likely be difficult to get. Bloomberg News previously reported that the US was preparing to add the companies to the list.


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