Pentagon Names 20 Chinese Firms It Says Are Military-Controlled

(Bloomberg) — The Pentagon unveiled a list of companies it says are owned or controlled by China’s military, opening them to increased scrutiny in the latest spat between the world’s biggest economies.The 20 companies included Huawei Technologies Co. and Hangzhou Hikvision Digital Technology Co., as well as a number of state-run enterprises. In letters to lawmakers dated June 24, the Pentagon said it was providing a list of “Communist Chinese military companies operating in the United States,” which was first requested in the fiscal 1999 defense policy law.This list includes “entities owned by, controlled by, or affiliated with China’s government, …read more

Source:: Yahoo Finance

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