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Home Huawei

US companies banned from investing in Huawei and other Chinese companies “controlled by the military”

The list includes 31 companies

The Trump administration yesterday issued a decree banning American investment in Chinese firms that Washington claims are owned or controlled by the Chinese military.

Huawei
Huawei

US companies banned from investing in Huawei and other Chinese companies “controlled by the military”

The decree could affect some of China’s largest companies. It is designed to deter investment companies, pension funds and other US companies from buying and selling shares of 31 Chinese companies from a list previously determined by the Department of Defense. The list includes telecommunications equipment company Huawei, server manufacturer Inspur, and other high-tech companies. Completely it looks like this:

Aviation Industry Corporation of China, China Aerospace Science and Technology Corp, China Aerospace Science and Industry Corp, China Electronics Technology Group Corp, China South Industries Group Corp, China State Shipbuilding Corp, China North Industries Group Corp (Norinco Group), Hangzhou Hikvision Digital Technology, Huawei Technologies, Inspur Group, Aero Engine Corporation of China, China Railway Construction Corp, CRRC Corp, Panda Electronics Group, Dawning Information Industry Co, China Mobile Communications Group, China General Nuclear Power Group, China National Nuclear Corp, China Telecommunications Corp , China Communications Technology, China Communications Construction Company (CCCC), China Academy of Launch Vehicle Technology (CALT), China Spacesat, China United Network Communications Group, China Electronics Corporation,China National Chemical Engineering Group Co Ltd, China National Chemical Corporation (ChemChina), SinoChem Group Co Ltd, China State Construction Group, China Three Gorges Corporation, China Nuclear Engineering & Construction Corporation.

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