The number of Chinese companies blacklisted by the US government is growing.
The Biden government blacklisted eight Chinese companies for their alleged involvement in surveillance of the Uighur Muslim minority.
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Among the companies is DJI, the largest commercial drone manufacturer.
According to the Financial Times, the US Treasury Department will blacklist DJI and the other companies on Thursday as “Chinese military-industrial complex companies”.
There are already 60 Chinese groups on the black list.
US investors are not allowed to participate in these companies.
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The move is President Biden’s latest attempt to punish China for its suppression of Uyghurs and other Muslim ethnic minorities in northwestern Xinjiang, according to the Financial Times.
Last week, SenseTime, a facial recognition software company, postponed its proposed Hong Kong IPO after the Financial Times reported that the US would blacklist the company.
Other Chinese companies sanctioned Thursday include Megvii, SenseTime’s main competitor, and Dawning Information Industry, a supercomputer maker. Others are CloudWalk Technology, Xiamen Meiya Pico, Yitu Technology, Leon Technology, and NetPosa Technologies.
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DJI and Megvii are not publicly traded.
All eight companies are already on the “Entity List” of the Department of Commerce, which prevents US companies from exporting technology or products from America to Chinese corporations without obtaining a state license.
The White House made no response to the FT and the Treasury Department did not respond to a request for comment.
The Commerce Department is also expected to add more than two dozen Chinese companies to the entity list on Thursday.
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The Biden government will also consider tightening rules on Thursday for U.S. companies selling technology to Semiconductor Manufacturing International Corp, the largest Chinese chip maker.