The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

U.S. adds 8 Chinese firms to investment restrictions list -Treasury website | Euronews

News Snapshot:

WASHINGTON – The U.S. Treasury Department on Thursday added eight Chinese technology firms, including drone maker DJI Technology Co Ltd, to an investment blacklist, according to the department’s website. Treasury’s move, which also added Megvii Technology Limited, Xiamen Meiya Pico Information Co Ltd and others to the list of “Chinese military-industrial complex companies,” bars Americans from purchasing or selling certain publicly traded securities of the companies.

Other China Tech Buzz: