US plays Whac-A-Mole with Inspur subsidiaries to close China sanction loopholes
The US is tightening the net on Chinese server maker Inspur after its addition to the entity list of proscribed businesses, taking aim at the company's affiliates that may not be explicitly covered by the ban.
However, those companies are still free to trade with Inspur's affiliates or subsidiaries, of which there are many. This is a loophole that Washington is seeking to close, according to Bloomberg, citing unnamed sources familiar with the matter.
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