This content is not available in your region

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

U.S. adds 8 Chinese firms to investment restrictions list -Treasury website
U.S. adds 8 Chinese firms to investment restrictions list -Treasury website   -   Copyright  Thomson Reuters 2021
By Reuters

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.