China Furious After Taiwan Joins Huawei Crackdown

News Snapshot:

Tensions between China and Taiwan have been high for decades. However, despite different political ideologies and ambitions, both countries have coexisted. In some cases, they have even worked together for the sake of both economies. However, it looks like the relationship between China and Taiwan has soured even further following Taiwan’s decision to ban Huawei exports. China responds to Taiwan’s Huawei ban Just last week, Taiwan placed several Chinese companies on a blacklist, including Huawei and SMIC. The blacklist prevents Taiwanese companies from doing business with these companies unless they have a license. This would effectively prevent Huawei and SMIC...