Pentagon calls out Chinese companies it says are helping Beijing’s military | Reuters News Agency

Date:

Technology

Reuters exclusively reported that The United States on Wednesday added more than a dozen Chinese companies to a list created by the Defense Department to highlight firms it says are allegedly working with Beijing’s military, as part of a broader effort to keep American technology from aiding China. 

Market Impact

Shares of Hesai fell more than 20% in trading the next day while other firms on the list fell around 4%.

Article Tags

Topics of Interest: Technology

Type: Reuters Best

Sectors: Government & Public Services

Regions: Asia

Countries: China

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

Source link

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Trade deficit is not crisis, it’s investment in growth | The Express Tribune

Rising imports of industrial inputs signal economic revival, not...

William Shatner and Neil deGrasse Tyson: When stars collide

Not long ago in Seattle,...

Petrol price kept unchanged at Rs265.45 per litre for the next two weeks – SUCH TV

The federal government on Saturday kept the petrol...