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US to Add More Than 30 Chinese Companies to Trade Blacklist

  • Yangtze Memory and others will move to US Entity List
  • US and China have battled over access to leading technology
Bloomberg business news
US to Blacklist 30 More Chinese Companies
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The Biden administration plans to put Yangtze Memory Technologies and more than 30 other Chinese companies on a trade blacklist that would prevent them from buying certain American components, deepening tensions between the world’s two economic superpowers.

The US Department of Commerce will add China’s leading maker of memory chips and the others to the so-called Entity List as early as this week, according to a person familiar with deliberations who asked not to be named discussing a sensitive matter.