U.S., China: A New Tech Export Ban Targets Chinese Innovation
MIN READApr 17, 2018 | 19:33 GMT
In the ever-evolving spat between the world's two largest economies, the United States is reaching for yet another tool to pressure China. On April 16, the U.S. Commerce Department announced that it is reinstating an order barring U.S. companies -- including tech giants such as Google, Qualcomm and Intel -- from selling parts, software and equipment to the Shenzhen-based telecommunications giant ZTE Corp. The move will undeniably be felt in ZTE's operations throughout the world....