Category: Chinese Companies

Five Chinese Companies Pose Threat to US National Security: FCC

March 12, 2021
ChinaChina Business & EconomyChina-US NewsChinese CompaniesDahuaExecutive BranchFCCHangzhou HikvisionHuaweiHyteraNational SecurityPoliticsthreatu.s.USUS NewsZTE
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WASHINGTON—The Federal Communications Commission (FCC) on Friday designated five Chinese companies as posing a threat to national security under a 2019 law aimed at protecting U.S. communications networks. The FCC said the companies included Huawei Technologies Co, ZTE Corp, Hytera Communications Corp, Hangzhou Hikvision Digital Technology Co and Dahua Technology Co. A 2019 law requires…

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Treasury Under Fire for Trying to Soften Trump’s Ban on Chinese Securities

December 19, 2020
BusinessChinaChina-US NewsChinese Companieseconomyexecutive orderInvestmentMike PompeoPoliticssteven mnuchinTrump AdministrationUSUS News
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WASHINGTON—A conflict within the Trump administration has come to light over how to implement the president’s new executive order that protects American investors from “malign” Chinese companies. Financial Times reported on Dec. 17 that the Treasury Department has attempted to “water down” the executive order that bans investment in companies with ties to China’s People’s Liberation Army…

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