U.S. Orders Export Bans to China

This is a China news story, published by Yahoo Finance, that relates primarily to Karen Freifeld news.

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Chinese chip design customers

Reuters

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Technology

US curbs chip design software, chemicals, other shipments to China

Summary

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The U.S. has ordered a broad swathe of companies to stop shipping goods to China without a license and revoked licenses already granted to certain suppliers.

Products affected include design software and chemicals for semiconductors, butane and ethane, machine tools, and aviation equipment.

China 's foreign ministry said Washington was weaponizing tech and trade issues to shut out and persecute China .

Synopsys , which partners with chip companies such as Nvidia , Qualcomm and Intel , provides software and hardware used for designing advanced processors. The Financial Times earlier reported that the Trump administration had ordered the software firms to stop selling their services to Chinese groups. (Reporting by Karen Freifeld ; Additional reporting by Alexandra Alper , Costas Pitas , Juby Babu , Eduardo Baptista and Anneli Palmen ; Writing by Chris Sanders ; Editing by Vijay Kishore , Daniel Wallis , Tom Hogue , Saad Sayeed and Tomasz Janowski ).