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36 Chinese firms added to US export blacklist

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The Biden administration added 36 Chinese firms to its export blacklist on Thursday, doubling down on efforts to block Beijing’s access to advanced military and surveillance technology from the U.S.
Yangtze Memory Technologies, one of China’s largest chip makers, was added to the U.S.’s Entity List alongside 34 other Chinese companies and one Chinese subsidiary located in Japan, essentially blocking the firms from receiving U.S. technology.
Alan Estevez, undersecretary of commerce for industry and security, said in a statement that the additions to the Entity List will severely restrict China’s ability to “leverage artificial intelligence, advanced computing, and other powerful, commercially available technologies for military modernization and human rights abuses.

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