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US to add DJI, 7 other Chinese companies to investment blacklist: Report

The US will add eight Chinese companies, including the world's largest commercial drone manufacturer DJI Technology, to an investment blacklist this week, a report said

US, United States
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Photo: ANI

Reuters
The United States will add eight Chinese companies, including the world's largest commercial drone manufacturer DJI Technology Co Ltd, to an investment blacklist this week, the Financial Times reported on Wednesday.

The U.S. Treasury will put the companies on its “Chinese military-industrial complex companies†blacklist on Thursday because of their alleged involvement in surveillance of the Uyghur Muslim minority, the FT report said, citing two people briefed on the move.

U.S. investors are barred from taking stakes in companies on the list, which currently cites around 60 firms.

A DJI spokesperson declined to comment on the FT report, but directed

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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