the U.S. treasury department would put eight companies including DJI on its "Chinese military-industrial complex companies" blacklist because of their alleged involvement in surveillance of the Uyghur Muslim minority.
U.S. investors are barred from taking stakes in companies on the list, which now comprises about 60 firms.People wearing face masks following the coronavirus disease outbreak walk past DJI's flagship store in Shenzhen, Guangdong province, China August 8, 2020. Picture taken August 8, 2020. REUTERS/David KirtonA DJI spokesperson declined to comment on the report, but directed Reuters to the company's statement when U.S.
At the time, DJI said it had done nothing to justify the move and would continue to sell products in the United States, where it has built up a large market.In Beijing, responding to questions on the FT report, foreign ministry spokesman Zhao Lijian told a news briefing China was opposed to U.S. "suppression" of its companies and would pay close attention to how the situation developed.
Some foreign lawmakers and parliaments have labelled the treatment of Uyghurs as genocide, citing evidence of forced sterilisations and deaths inside the camps. China denies this, saying Uyghur population growth exceeds the national average. Other companies to be added to the list, the FT said, are image-recognition software firm Megvii, supercomputer maker Dawning Information Industry, facial recognition specialist CloudWalk Technology, cyber security group Xiamen Meiya Pico, artificial intelligence company Yitu Technology and cloud computing firms Leon Technology and NetPosa Technologies.
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Source: CNBC - 🏆 12. / 72 Read more »