Thursday, December 8

US adds dozens of Chinese firms to export control list


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WASHINGTON — The United States on Friday added 31 Chinese companies, including memory chip maker YMTC Yangtze Memory Technologies Co, to a list of firms that US officials could not inspect to verify they can be trusted to responsibly handle sensitive technology exports.

The “unverified list” is a potential stepping stone to tougher economic blacklists from the Commerce Department. (Reporting by Karen Freifeld; Editing by Chris Gallagher)



financialpost.com