Trump administration adds China’s SMIC and CNOOC to blacklist

//Trump administration adds China’s SMIC and CNOOC to blacklist

Trump administration adds China’s SMIC and CNOOC to blacklist

The Trump administration on Thursday added China’s top chipmaker SMIC and oil giant CNOOC to a blacklist of alleged Chinese military companies, a move likely to escalate tensions with Beijing before President-elect Joe Biden takes office.The Department of Defence designated a total of four additional companies as owned or controlled by the Chinese military, including China Construction Technology Co. and China International Engineering Consulting Corp.The move, first reported by Reuters on…

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By | 2020-12-03T22:16:06+00:00 December 3rd, 2020|Headlines|Comments Off on Trump administration adds China’s SMIC and CNOOC to blacklist