The latest restrictions are part of a push to limit China’s access to advanced chipmaking and artificial intelligence technology, which the US wants to keep away from the Asian nation’s military. In October, the Biden administration unveiled sweeping measures that limit what US companies can sell to the country — and it’s been pushing for allies to go along with the plan.
The US government is blacklisting Yangtze Memory Technologies Co., Shanghai Micro Electronics Equipment Group Co. and dozens of other Chinese tech companies, ratcheting up a trade conflict between the world’s two largest economies.
The Department of Commerce is placing the companies on the so-called entity list, meaning that anyone seeking to supply them with US technology will require a license from Washington — something that will likely be difficult to get. Bloomberg News previously reported that the US was preparing to add the companies to the list.
