Pentagon Reveals 134 'Chinese Military Companies' Operating in US
Story by Hugh Cameron • 4h
The Defense Department has released a list of Chinese companies operating in the U.S which it believes are working to advance Beijing's military-strategic aims.
The Pentagon revealed on Tuesday that 134 "Chinese military companies"—57 firms and 77 subsidiaries—were operating "directly or indirectly in the United States."
The updated list marks a sharp increase from the 73 firms reported last January, and features firms in aerospace, chemical engineering and information technology. It includes smartphone maker Huawei Technologies, battery maker CATL and video game firm Tencent Holdings, China's largest company by market capitalization.
Both Tencent and CATL have deemed the Defense Department's designation a "mistake," and threatened legal action. Huawei has been contacted for comment.
https://www.msn.com/en-us/money/technology/pentagon-reveals-134-chinese-military-companies-operating-in-us/ar-AA1xaTWV?ocid=msedgntp&pc=HCTS&cvid=d87c31978aa34798b186bb85f2545630&ei=11
