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  • Donald Trump has once again turning up the heat on China just weeks before President elect Joe Biden is due to take office, Reuters sources say.

  • The Trump White House is set to add a least two major Chinese companies to a blacklist of firms alleged to be owned or controlled by the Chinese military.

  • It means they will have little access to US investors and will be restricted from buying a range of U.

  • S goods and technology.

  • According to Reuters sources, China's top chipmaker, S.

  • M.

  • I C, on its largest offshore oil and gas producer, C.

  • N O.

  • C.

  • Will be added to the list.

  • It's not immediately clear when the new additions will be officially published.

  • The U.

  • S Department of Defense did not respond to requests for comment.

  • Earlier in November, the White House published an executive order prohibiting US investors from buying securities of companies it has blacklisted, beginning this time next year.

  • It is all part of a broader effort by Washington to target what it sees as Beijing's efforts to use emergent tech for military purposes.

  • Reuters reported last week that the Trump administration is close to declaring that 89 Chinese Aerospace and other companies have military ties.

  • Trump is said to be keen to cement his tough on China legacy on Wants to box in his Democrats successor into taking a hard line position on Beijing.

Donald Trump has once again turning up the heat on China just weeks before President elect Joe Biden is due to take office, Reuters sources say.

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