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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
Copyright Thomson Reuters 2021
By Reuters
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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.

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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.

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