US Adds Tencent to List of Chinese Military Companies
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🀄️ US Department of Defense adds Tencent to list of Chinese military companies. The US Department of Defense has included Tencent in its annual “Section 1260 list,” which identifies companies believed to support China’s Military-Civil Fusion strategy. While this designation does not automatically lead to a ban, it restricts the Department of Defense from collaborating with Tencent and may prompt other organizations to sever ties, potentially impacting supply chains. Tencent, known for its ubiquitous WeChat platform, has denied any wrongdoing and plans to appeal its inclusion. The list also features CATL, a battery manufacturer supplying major automakers like Tesla and Ford. Chinese officials have criticized the listing as a violation of international norms, warning it could deter foreign investment.
