USA Takes Sanctions on 8 Biggest Chinese Companies

The United States has announced that it has decided to sanction 8 Chinese technology companies due to China’s treatment of Uyghur Turks. Among the companies was the drone manufacturer DJI, which is said to play a role in spying on the Uyghur Turks.

There has been a new important development on the line of the United States and China, which has been in a trade and economic struggle for a long time. The US Treasury Department announced that it is preparing to impose sanctions on 8 Chinese companies, citing China’s pressure and violence against the Uyghur Turks. Financial Times According to the news brought up by the company, US investors are also prohibited from buying shares in companies on a list that currently includes about 60 companies.

The world’s largest commercial drone manufacturer among companies for which the US is preparing to impose sanctions DJI TechnologyIt was stated that there was also . DJI allegedly played a role in the surveillance of the Uyghur Muslim minority. A DJI spokesperson told Reuters that it will continue to sell its products in the United States. However, he added that they did not do anything to deserve US sanctions.

Other companies to be sanctioned

Other companies added to the list are image recognition software firm Megvii, supercomputer manufacturer Dawning Information Industry, facial recognition technology developer CloudWalk Technology, cyber security group Xiaomen Meiya Pico, artificial intelligence company Yitu Technology and cloud communication companies Leon Technology and NetPosa Technologies.

Uyghurs and members of other Muslim minorities, which have been on Turkey’s agenda for a long time, UN experts and more than a million, according to rights groups, were detained. These events took place in the far western region of Xinjiang in China. Some officials described the treatment of Uyghurs as genocide, citing evidence of forced sterilization and deaths in camps.

China denies these claims and says Uyghur population growth rates are higher than the national average.

Source :
https://www.reuters.com/business/us-blacklist-8-more-chinese-companies-including-dji-over-uyghur-surveillance-ft-2021-12-15/


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