US targets Chinese hi-tech and defence sectors in ‘deepening crackdown’

Nov 25, 2021 | INVESTING

Washington will continue to target China’s hi-tech and defence sectors and is taking steps that may lead to a technology decoupling, observers say, after the US added more Chinese firms to its export blacklist.A dozen Chinese firms – including quantum computing and semiconductor companies and businesses that have contributed “to Pakistan’s unsafeguarded nuclear activities” – were placed on the trade blacklist, known as the entity list, on Wednesday, with the US government citing national…

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