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6/25/2020, 2:01 AM (Source: TeleTrader)
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Pentagon compiles list of firms aiding Chinese military - report

United States Department of Defense has compiled a list of 20 Chinese firms allegedly aiding the nation's military, according to the Financial Times.

The list, obtained by the media outlet, cites two companies listed on the New York Stock Exchange, China Telecommunications Corp. and China Mobile Ltd, as well as technology giant Huawei and video surveillance firm Hikvision.

The move to compile the list follows United States President Donald Trump's signing of a memo calling for recommendations on how to assist US investors that own stocks in US-listed Chinese firms.

Breaking the News / NL