Quote from Ndubuisi Ekekwe on December 19, 2020, 8:02 PM

This is a U.S. asymmetric attack on the emergency of China's tech industry. We will be watching how China responds.

The White House is blacklisting more than 60 additional Chinese firms, including chipmaker Semiconductor Manufacturing International Corporation (SMIC), "to protect U.S. national security." Reuters first reported it as "the latest in President Donald Trump’s effort to cement his tough-on-China legacy," and Commerce Secretary Wilbur Ross confirmed the move on Friday. More than 275 China-based companies and affiliates in key industries are now on the entity list, including SMIC and telecom giant Huawei, depriving them of crucial U.S. tech and gear. (Linkedin)