Trump’s parting blows to China strike chipmaker SMIC (Totaltele/Total Telecom)

With little over a month before president-elect Joe Biden steps into
office, current US president Donald Trump has dealt yet another blow to
China, blacklisting SMIC and further hampering their semiconductor
industry. Earlier this month, Trump signed an executive order that
restricted US companies from investing in Chinese firms owned or
controlled by the military…

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