The US has placed three dozen Chinese companies on a trade blacklist, in another escalation of its effort to slow China’s development of advanced chips and technologies for military uses such as hypersonic weapons.
The commerce department put 36 Chinese groups on the “entity list”, a move that means American companies will require extremely hard-to-obtain licences to export critical technologies to those customers in China.
It also applied the “foreign direct product rule” to 21 entities, meaning non-American companies will be prohibited from exporting products that contain a specified amount of US technology to the Chinese groups.
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