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


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



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