Bloomberg

How Chinese Chip Giant SMIC Can Evade Trump’s Newest Crackdown

Donald Trump’s latest headline-grabbing action against China is aimed at negating the Asian power’s push toward self-sufficiency in the $400 billion semiconductor industry. But its effectiveness is being questioned almost before the ink is dry, according to a growing chorus of voices in Washington and interviews with Chinese technology executives.The U.S. is blacklisting Semiconductor Manufacturing International Corp. along with more than 60 of its peers deemed a threat to national security, dep

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