Trump administration says Huawei, other Chinese companies backed by military: report

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Chinese companies including Huawei Technologies Inc., China Mobile Communications Group and Hikvision Visual Technology Co. could face U.S. sanctions after a finding by the Trump administration that they are owned or controlled by China's military, Reuters reported Wednesday. The Defense Department has found 20 Chinese companies that operate in the U.S. are backed by the military, Reuters reported, citing an internal document. While the findings themselves do not trigger sanctions, President Donald Trump has the authority to sanction companies on the list, Reuters said. The list will likely add to tensions between China and the U.S., which has already blacklisted Huawei over national-security concerns.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Then why doesn’t the government invest heavy in Nokia and Ericsson

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese donors tied to Chinese government fund Trump reelection: WSJ - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Fakest news in human history. The Communist Government is actually helping the Democratics, as far as I know, because Trump already gave them too much trouble while Democratics are talkers only. followthemoney
Source: BusinessInsider - 🏆 729. / 51 Read more »