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Huawei on List of 20 Chinese Companies That Pentagon Says Are Controlled by People’s Liberation Army:
The Pentagon put Huawei Technologies and Hangzhou Hikvision Digital Technology on a list of 20 companies it says are owned or controlled by China's military, opening them up to potential additional U.S. sanctions.
In letters to lawmakers dated June 24, the Pentagon said it was providing a list of "Communist Chinese military companies operating in the United States." The list was first requested in the fiscal 1999 defense policy law.
This list includes "entities owned by, controlled by, or affiliated with China's government, military, or defense industry," Pentagon spokesman Jonathan Hoffman said in a statement.
[...] The companies on the list are:
Aviation Industry Corporation of China
China Aerospace Science and Technology Corporation
China Aerospace Science and Industry Corporation
China Electronics Technology Group Corporation
China South Industries Group Corporation
China Shipbuilding Industry Corporation
China State Shipbuilding Corporation
China North Industries Group Corporation
Huawei Technologies Co.
Hangzhou Hikvision Digital Technology Co.
Inspur Group; Aero Engine Corporation of China
China Railway Construction Corporation
CRRC Corp.; Panda Electronics Group
Dawning Information Industry Co.
China Mobile Communications Group
China General Nuclear Power Corp.
China National Nuclear Power Corp.
China Telecommunications Corp.
Given how inter-connected the world is, how practical would it be to avoid all such Chinese companies?
(Score: 0) by Anonymous Coward on Friday June 26 2020, @01:56AM (2 children)
Bean counters run the corporations, so loyalty to the corporation or the country is always put behind the bottom line and filling their own pockets with "bonuses".
(Score: 2) by PartTimeZombie on Friday June 26 2020, @03:05AM (1 child)
That is exactly how capitalism is supposed to work.
If a corporation has access to a huge supply of really cheap labour that improves profits now they have no choice but to go for it, because if they don't their competition will, and they will wind up being absorbed by that competition later.
The Chinese were well aware of that and took advantage.
(Score: 1, Interesting) by Anonymous Coward on Friday June 26 2020, @05:39AM
True and the government is suppose to provide a bit of control, but haven't - likely because they're in the pockets of those corp. and leeching off the gravy train. Now that someone's pointed it out instead of addressing it, all that's happening is the usual ad hominem and nitpicking on semantics - creating a smokescreen. Funnily enough the sheeple are so engross in their personal hate for the Orange one to actually get their electoral base to think about the issue.
I'm really curious to see once the Orange idiot leaves office if it is back to business as usual - and back to bed with the Chinese. If it is the west is screwed and Asia will be lost cause as it is none of the Asian countries on their own can halt the Chinese expansion - nor can any of them rally enough of the other Asian countries to give much of a defense. Even if they did, without some of the major Western powers to back them, its just prolonging the inevitable.