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China condemns U.S. trade policy change

China condemned the United States’ decision to remove South Korea’s Samsung and SK Hynix subsidiaries from the validated end-user list (“VEU”), warning the move will damage global supply chains and harm international technology cooperation.
The U.S. Commerce Department on September 2 revoked the authorization for Samsung and SK Hynix’s subsidiaries based in China, which allowed licenses for equipment for the two companies’ semiconductor plants in China. The U.S. is hoping to make it harder for ...

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