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US Defense Department blacklists 9 more Chinese companies with alleged military links - JURIST - News

US bans Chinese companies | US blacklists 9 more corporations with ties to Chinese military

Updated Jan 15, 2021 | 07:46 IST In November last year Trump had signed an executive order that prohibited Americans from investing in the blacklisted firms. US bans nine Chinese companies  |  Photo Credit: ANI Washington DC: The US Department of Defence on Thursday blacklisted nine more Chinese corporations, including phone maker Xiaomi for allegedly being owned or controlled by China s military. The Department had in June 2020 released to Congress, its initial list of companies that are deemed to have military ties while operating as civilian firms. It added to the list more companies in December 2020. With Thursday s updated list there are now over 40 companies that have been blacklisted.

US blacklists 9 more corporations with ties to Chinese military

US blacklists 9 more corporations with ties to Chinese military ANI | Updated: Jan 15, 2021 04:56 IST Washington [US], January 15 (ANI): The US Department of Defence on Thursday blacklisted nine more Chinese corporations, including phone maker Xiaomi for allegedly being owned or controlled by China s military. The Department had in June 2020 released to Congress, its initial list of companies that are deemed to have military ties while operating as civilian firms. It added to the list more companies in December 2020. With Thursday s updated list there are now over 40 companies that have been blacklisted. The Defence Department released names of additional Communist Chinese military companies operating directly or indirectly in the United States in accordance with the statutory requirement of Section 1237 of the National Defense Authorization Act for Fiscal Year 1999, as amended.

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