China Communications Construction, SinoChem among companies owned by China military, Pentagon says - News Summed Up

China Communications Construction, SinoChem among companies owned by China military, Pentagon says


The Trump administration has determined that another 11 Chinese companies, including construction giant China Communications Construction Company, are owned or controled by the Chinese military, the Pentagon said on Friday,laying the groundwork for new sanctions. The Department of Defense earlier this year designated 20 top Chinese companies as Chinese military companies operating directly or indirectly in the United States, including those "owned or controlled" by the People's Liberation Army thatprovide commercial services, manufacture, produce or export. The updated list also included China Three GorgesCorporation Limited, Sinochem Group Co and China Spacesat. The Chinese Embassy in Washington did not immediately respond to a request for comment. The Pentagon has come under pressure from lawmakers of both U.S. political parties to publish the list, amid rising tensions between Washington and Beijing over technology, trade and foreign policy.


Source: The Standard August 31, 2020 02:37 UTC



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