Trump to add China's SMIC and CNOOC to defence ban list

By Alexandra Alper and Humeyra Pamuk on Dec 1, 2020 7:00AM

Trump to add China's SMIC and CNOOC to defence ban list

Curbing their access to US investors.

The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors and escalating tensions with Beijing weeks ...

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