December 19, 2020

The US Commerce Department announced Friday that it added more Chinese companies, including China's leading chipmaker Semiconductor Manufacturing International Corp (SMIC), to its Entity List.

The move is widely seen as the latest attempt by the Trump administration to escalate trade tensions and influence public opinion, trying to set up barriers for the incoming Biden administration in taking bilateral relations in a more progressive direction, an expert told Global Times.

According to a statement from the US Commerce Department, the decision by its Bureau of Industry and Security (BIS) to add SMIC to the trade blacklist is to "protect US national security," claiming that the action "stems from China's military-civil fusion doctrine and evidence of activities between SMIC and entities of concern in the Chinese military industrial complex." American companies will have to obtain a license to do business with companies on the Entity List.

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https://www.globaltimes.cn/content/1210373.shtml