Target China: US releases list of 20 companies controlled by Chinese military
New delhi date. 26 June 2020, Friday
The United States has identified 20 Chinese companies, including Huawei Technologies, which is controlled by the military in Beijing.
Potential sanctions could be imposed on these listed companies as part of the Donald Trump government's efforts to prevent China from receiving US investment and the availability of certain technologies. According to media reports, the Pentagon has released a list of communist Chinese military companies operating in the United States, including those owned or controlled by the Chinese government, military or defense industry.
The list of these companies includes Aviation Industry Corporation of China, China Aerospace Science and Technology Corporation, China Electronics Technology Group Corporation, China South Industries Group Corporation, Hangzhou Hikwizing Digital Technology (Hangzhou) , China State Shipbuilding Corporation, China North Industries Group Corporation, Insper Group, Aero Engine Corporation of China, China Railway Construction Corporation, CRRC Corp., Panda Electronics Company, Downing Information Inn. National Nuclear Corp. and China Telecommunications Corp.
The list of these 20 Chinese companies will also be important for India as contracts awarded to Chinese companies by the Indian government and various state governments are being canceled as protests against Chinese companies, Chinese products and boycotts of Chinese products are on the rise.
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