The US government is blacklisting Yangtze Memory Technologies Co., Shanghai Micro Electronics Equipment Group Co and dozens of other Chinese technology companies, fueling a trade conflict between the world’s two largest economies.
of The Commerce Department is placing the companies on the so-called entity list, which means anyone looking to supply them with US technology will need a license from Washington – something that is likely to be difficult to obtain. was taken News Bloomberg previously reported that the US was preparing to add companies to the list.