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The US authorities’s resolution to concern US$100 billion price of export permits to suppliers of Huawei Applied sciences Co and China’s high chip maker Semiconductor Manufacturing Worldwide Company (SMIC) – each on the US commerce blacklist – reveals how troublesome it’s for the world’s two largest economies to decouple, analysts stated.From November 2020 to April 2021, US suppliers acquired 113 export licences price US$61 billion to promote to Shenzhen-based telecommunications large Huawei, in addition to 188…
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