U.S. Blacklists More Than 60 China Firms Including SMIC

The US has added 60 companies to a blacklist due to their alleged links to the Chinese military and human rights abuses. Among these is SMIC, a major Chinese chipmaker. The blacklist aims to curb China's semiconductor development, impacting SMIC's long-term growth. SMIC plans to consult with the US government, while China vows retaliation.

What role does the US believe these companies play in relation to the Chinese military?

What is the significance of SMIC in the context of China's semiconductor industry?

How has the US government's actions affected SMIC's business operations?

What are the implications of the US blacklist for the development of sophisticated semiconductors in China?

How did Beijing respond to the US's actions regarding the blacklist?