The Pentagon has compiled a list of Chinese companies with ties to the country’s military as part of an intensifying effort by the Trump administration and Congress to make it harder for Beijing to secure US investment and sensitive technologies.
The list, which was obtained by the Financial Times, includes several state-owned entities involved everything from nuclear power to aviation. China Telecom and China Mobile, two telecoms companies that are listed in New York, are also named.
Congress required the Pentagon to produce the list in 1999 but officials never followed through on the request. The FT reported last year that the effort gained momentum as lawmakers responded to rising tension with Beijing by telling the Pentagon to name companies it believes help China’s military.
Read the full article and more in The Financial Times.