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Monday 11/30/2020 12:20 PM (GMT + 7)
According to some sources, the administration of President Donald Trump is on the verge of including major chipmaker SMIC and oil and gas producer CNOOC on a blacklist of companies related to the Chinese military.
Previously, Reuters reported that the US Department of Defense plans to add four more Chinese companies owned or controlled by the military, bringing the total number of companies affected to 35.
It is unclear when the new wave will be announced in the Federal Register. However, the three sources that revealed the list include China Construction Technology Consulting, International Engineering Consulting, Semiconductor Manufacturing International (SMIC), and Petroleum Outside. China National Offshore (CNOOC).
The US Department of Defense did not comment on this information.
Trump’s latest move, along with many similar policies, is seen as how he strengthened his legacy with China and put his successor in a tough stance on Beijing as seen by the bipartisan in the US Congress China is the rival.
The list is also part of a larger effort by Washington to counter what it sees as Beijing’s current strategy: luring corporations to take advantage of emerging civilian technologies for military purposes.
President Donald Trump keeps hitting China. Photo: Reuters
Last week, Reuters reported that the Trump administration was preparing to announce that 89 aerospace companies and other Chinese companies with military ties would limit their purchases of products and technology. America.
The mandatory list of “Chinese military companies” was created under the 1999 law, which required the Pentagon to compile a list of companies “owned or controlled” by the Chinese military. National.
This month, the White House announced an ordinance to enforce the list by prohibiting US investors from buying securities of blacklisted companies beginning in November 2021.
The ordinance is unlikely to deal a serious blow to the aforementioned companies, experts say, but when combined with other measures, the ordinance deepens the gap between Washington and Beijing. was shot down by the Covid-19 pandemic and the persecution in Hong Kong.
The US Congress and administration increasingly seek to limit access to the US market for Chinese companies that do not abide by the rules faced by US competitors, even if that means against Wall Street.
Source: https: //nld.com.vn/thoi-su-quoc-te/tong-thong-trump-tiep-tuc-giang-don-vao-trung-quoc-2020113009 …
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