The US government’s decision to issue US$100 billion worth of export permits to suppliers of Huawei Technologies Co and China’s top chip maker Semiconductor Manufacturing International Corporation (SMIC) – both on the US trade blacklist – shows how difficult it is for the world’s two largest economies to decouple, analysts said.From November 2020 to April 2021, US suppliers received 113 export licences worth US$61 billion to sell to Shenzhen-based telecommunications giant Huawei, as well as 188… Source link