WASHINGTON, June 25 — The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new US financial sanctions, according...
Thursday, 25 Jun 2020 06:54 AM MYT
A US defence official speaking on condition of anonymity confirmed the authenticity of the document and said it had been sent to Congress. Washington placed Huawei on a trade blacklist last year over national security concerns and has led an international campaign to convince allies to exclude it from their 5G networks.
The Pentagon's designations do not trigger penalties, but the law says the president may impose sanctions that could include blocking all property of the listed parties. Last September, top US Senate Democrat Chuck Schumer and Republican Senator Tom Cotton penned a letter to Defence Secretary Mark Esper raising concerns about Beijing's enlisting of Chinese corporations to harness emerging civilian technologies for military purposes.
Last week, China threatened retaliation after US President Donald Trump signed legislation calling for sanctions over the repression of China's Uighurs.
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