US Pushing China Towards Tech Independence?

How might markets react to the US' blacklisting of several Chinese companies, including prominent chip maker SMIC? Kingsley Jones, Chief Investment Officer at Jevons Global, weighs in on this, as well as share buybacks by large banks in the US, the future of US-listed Chinese firms, whether Australia is entering a commodities supercycle, and his strategy for Australian equity markets in 2021.