Factbox: Chinese companies added to U.S. entity list

U.S. President Joe Biden coughs during a signing event for the CHIPS and Science Act of 2022, on the South Lawn of the White House in Washington, U.S., August 9, 2022. REUTERS/Evelyn Hocksteinand 21 "major" Chinese players in the artificial intelligence chip sector to a trade blacklist, broadening its crackdown on China's chip industry.

YMTC was added to the list over fears it could divert American technology to previously blacklisted Chinese tech giants Huawei Technologies Co Ltd [RIC:RIC:HWT.UL] and Hikvision . The move, laid out in the Federal Register, will bar YMTC's suppliers from shipping U.S. goods to it without a difficult-to-obtain license.FRESH ENTITY LISTINGS

The Biden administration added 35 Chinese companies and one Japan-based subsidiary of a Chinese company to the entity list, barring their suppliers from selling them U.S. technology without a hard-to-obtain permit.The Biden administration removed 27 Chinese entities from the unverified list. Companies are added to the unverified list if the United States cannot complete on-site visits to determine whether they can be trusted to receive sensitive U.S.

Better late than never I guess. We should have limited Chinese access years ago unless reciprocated

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden administration plans to blacklist over 30 Chinese companies: reportThe U.S. Department of Commerce plans to add over 30 Chinese companies to a trade blacklist next week, according to a new report. Except the ones his family has interests in! 🤣🤣Believe it if it ever happens.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Biden to remove some Chinese companies from a ‘red-flag’ trade listPresident Biden plans to remove Chinese companies from the red-flag trade list, signaling his desire to improve ties with the communist country on issues such as climate change. 10% there big guy? There’s a shocker 😫 We are coming, Sleepy!
Source: WashTimes - 🏆 235. / 63 Read more »

Factbox: Biodiversity finance options grow, but pace of investment still slowGlobal talks on protecting nature continue in Montreal, with the theme of Wednesday's session dedicated to finance.
Source: ReutersScience - 🏆 559. / 51 Read more »