US adds Chinese oil giant Chinese National Overseas Oil Corporation to economic blacklist

The Trump administration stepped up efforts in its final days to crack down on China by adding another Chinese behemoth to its exports blacklist.The Commerce Department on Thursday added Chinese National Overseas Oil Corporation (CNOOC) to a US economic blacklist, saying it had helped China intimidate neighbours in the South China Sea.The department also said Chinese company Skyrizon was being added to the military end-user (MEU) list for “its capability to develop, produce or maintain military…

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