US blacklists dozens of Chinese companies including SMIC ...Qatar

The United States confirmed yesterday it will add dozens of Chinese companies, including the country’s top chipmaker, SMIC, to a trade blacklist. The move, which was first reported by Reuters, is seen as the latest in President Donald Trump’s efforts to cement his tough-on-China legacy. It comes just weeks before Democratic President-elect Joe Biden is set to take office on January 20. The US Commerce Department confirmed the decision early yesterday, saying the action “stems from China’s military-civil fusion (MCF) doctrine and evidence of activities between SMIC and entities of concern in the Chinese military industrial complex.” Commerce Secretary Wilbur Ross said in a statement that the

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