U.S. ANNOUNCES NEW TRADE ENFORCEMENT ACTIONS AGAINST CHINESE SHIPBUILDERS

Highlights

• Along with the Chinese semiconductor industry, all listed companies in shipbuilding industry are part of the 77 companies added to the ‘Entity List' that curbs exports to them

• The new list also expands export restrictions to China State Shipbuilding Corporation (CSSC), China’s main naval shipbuilder along with China Communications Construction Company (CCCC)

• This mov....