BEIJING (AP) — The U.S. government has stepped up a feud with Beijing over security by adding China’s biggest maker of processor chips and a state-owned oil giant to a blacklist that limits access to American technology and investment.
Thursday’s announcement adds to steps taken by President Donald Trump against China since losing his reelection bid Nov. 3. Political analysts have said Trump was likely to take further action before President-elect Joe Biden takes office Jan. 20.
The Pentagon added four companies including Semiconductor Manufacturing International Corp. and China National Offshore Oil Corp. to a list of entities deemed to be part of efforts to modernize the ruling Communist Party’s military wing, the People’s Liberation Army. That raises the total number of companies on the blacklist to 35.
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