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The US Commerce Department puts 36 Chinese companies on its entity list, including chipmaker Yangtze Memory Technologies and AI chipmaker Cambricon

Financial Times :

Financial Times

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  • @lizrhoffman Liz Hoffman on x
    New from @lmatsakis @mchalfant16 & me: Infighting between the White House and Treasury has held up, and may ultimately weaken, Biden's plans to curb U.S. investments into China https://www.semafor.com/...
  • @chinabeigebook @chinabeigebook on x
    “A key roadblock is Treasury...Firms UST is speaking w/include Sequoia, whose #China arm just raised a $9B fund that helped spark concerns in the 1st place...Sequoia China reportedly employed the daughter of one of China's top political leaders for yrs” https://www.semafor.com/..…