US Blacklists Chinese Tech Companies, Escalating Trade Fight (1)

The US government is blacklisting Yangtze Memory Technologies Co., Shanghai Micro Electronics Equipment Group Co. and dozens of other Chinese tech companies, ratcheting up a trade conflict between the world’s two largest economies.

The Department of Commerce is placing the companies on the so-called entity list, meaning that anyone seeking to supply them with US technology will require a license from Washington — something that will likely be difficult to get. Bloomberg News previously reported that the US was preparing to add the companies to the list.

The lineup also includes Pengxinwei IC Manufacturing Co., better known as PXW. The ...