US Blacklists 37 Companies Including Units of China’s BGI, Inspur

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Chinese companies are feeling the heat. From the state to the federal level, officials are cracking down on Chinese firms. The Biden administration is blacklisting another 37 companies, including Chinese BGI and Inspur. Nebraska is joining in, listing telecom giants like Huawei and ZTE. And U.S. ally Australia also taking aim, prying China’s grip from rare earth supplies through banning a Chinese-linked investment fund in the country. The goal is to purge Chinese infiltration.
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