US eyes placing more Chinese companies on 'entity list'

US eyes placing more Chinese companies on 'entity list'

REUTERS/Florence Lo/Illustration/File Photo

The U.S. Commerce Department is considering placing more Chinese companies, including ChangXin Memory (CXMT), on its “Entity List,” the Financial Times reported on Thursday, citing five people familiar.

The newspaper, citing several of the people, added that the Bureau of Industry and Security had drafted a list that also included subsidiaries of Semiconductor Manufacturing International Corporation and Yangtze Memory Technologies Co.

Timing of move has been complicated by a recent trade deal between the U.S. and China, according to the Financial Times.

Reuters

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