{"id":233550,"date":"2021-12-18T04:07:17","date_gmt":"2021-12-17T23:07:17","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=233550"},"modified":"2021-12-18T04:07:17","modified_gmt":"2021-12-17T23:07:17","slug":"us-blacklists-eight-more-chinese-companies","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/us-blacklists-eight-more-chinese-companies\/","title":{"rendered":"US blacklists eight more Chinese companies"},"content":{"rendered":"<p> Washington<br \/>\nThe United States has added drone maker DJI and seven other Chinese companies to an investment blacklist, raising even more pressure on businesses in the world\u2019s second largest economy.<br \/>\nThe US Treasury Department announced Thursday that it has placed investment restrictions on the firms due to their roles in facilitating human rights abuses against China\u2019s Uyghur Muslims in Xinjiang and other ethnic and religious minorities.<br \/>\nAs a result, American investors will be barred from buying or selling shares of the companies.<br \/>\n\u201cToday\u2019s action highlights how private firms in China\u2019s defense and surveillance technology sectors are actively cooperating with the government\u2019s efforts to repress members of ethnic and religious minority groups,\u201d said Brian Nelson, undersecretary for terrorism and financial intelligence. \u201cTreasury remains committed to ensuring that the U.S. financial system and American investors are not supporting these activities.\u201d<br \/>\nThe news was widely expected after being first reported by the Financial Times earlier this week.<br \/>\nDJI and the seven other companies are already on the US entity list, which means they are barred from buying US products or importing American technology without a special license.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington The United States has added drone maker DJI and seven other Chinese companies to an investment blacklist, raising even more pressure on businesses in the world\u2019s second largest economy. The US Treasury Department announced Thursday that it has placed investment restrictions on the firms due to their roles in facilitating human rights abuses against [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-233550","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-world"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US blacklists eight more Chinese companies<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/us-blacklists-eight-more-chinese-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US blacklists eight more Chinese companies\" \/>\n<meta property=\"og:description\" content=\"Washington The United States has added drone maker DJI and seven other Chinese companies to an investment blacklist, raising even more pressure on businesses in the world\u2019s second largest economy. 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