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US Will Add CNOOC and SMIC To Defense Blacklist

US Will Add CNOOC and SMIC To Defense Blacklist

The Trump administration is set to add China’s largest microchip manufacturer maker, Semiconductor Manufacturing International Corporation (SMIC), and third-largest oil producer, China National Offshore Oil Corporation (CNOOC), to the Department of Defense’s blacklist of Chinese firms with alleged ties to the Chinese military, among others.  Why it matters: The move will block SMIC and CNOOC’s […]

Dec 1st 20202 mins

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