US adds four more Chinese companies to blacklist of firms allegedly with military ties
STOCKS
US adds four more Chinese companies to blacklist of firms allegedly with military ties
STOCKS

US adds four more Chinese companies to blacklist of firms allegedly with military ties

 

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The Pentagon added four more Chinese companies to a list of firms it says are owned or controlled by China’s military, exposing them to increased scrutiny and potential sanctions by the U.S.

The four companies added to the list posted online by the Pentagon Thursday are China National Offshore Oil Corp., Semiconductor Manufacturing International Corp., China Construction Technology Co. and China International Engineering Consulting Corp.

The move comes amid a continuing erosion of U.S.-China ties during the U.S. presidential transition, as President Donald Trump ratchets up actions targeting Beijing over . . .

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