The Pentagon lists 20 companies helping the chinese army

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The Pentagon has compiled a list of chinese companies linked to the chinese military, including two groups that are listed on the New York stock Exchange, in the framework of an effort to intensify the administration and the Congress to make it harder for China to secure american investment and sensitive technologies. .

The list, which was obtained by the Financial Times, includes a number of public entities involved, ranging from nuclear energy to aviation. But it also includes China Telecommunications and China Mobile, two companies of the telecommunications business listed on the New York.

The Congress has asked the Pentagon to produce the list in 1999, but the security officers have never responded. Last year, the FT has reported that the effort had grown so that the legislators reacted to the rising tensions with China, saying the Pentagon to name the companies which, according to him, helped the chinese army.

An act of defence from 1999, which specifies the chinese companies that operate “directly or indirectly” in the United States, authorizes the president to impose sanctions on one of them.

The Congress is not required to act on the list on the basis of the act of 1999. But the falcons of China say that this will increase the pressure on the american investors so that they separate from the companies that, according to Washington, threaten national security. The compilation of the list comes only a few weeks after president Donald Trump has said in the main pension funds of the us government not to invest in companies listed on the stock exchange in China.

The 20 companies appearing on the list of the Pentagon, which include Huawei, the chinese manufacturer of telecommunications equipment which, according to Washington, help Beijing to carry out a cyber espionage.

He also appoints Hikvision, a company that provides surveillance technologies to the detention camps of the province of Xinjiang, where the chinese government has imprisoned over a million uighur muslims of strain for rehabilitation.

Mike Pompeo, secretary of State, said this month that Xi Jinping, chinese president, had approved ” a brutal campaign of repression against the chinese muslims “. But John Bolton, the former national security adviser, said in a new book that Mr. Trump had told Mr Xi that he was not opposed to the internment.

“In addition to other official lists, we now have the opportunity to examine the footprints of the us financial markets a list of the Pentagon, Chinese [military]”said Roger Robinson, a former official of the national security Council who advocates for a position that is much more strict on China.

“The disconnect between the american community of the security and the fund managers and the index provider Wall Street will likely be unsustainable, especially for people of Wall Street,” said Mr. Robinson, president of RWR Advisory Group, a consulting company based in Washington.

Eric Sayers, an expert in Asian security and associate at the Center for a New American Security, said that the list would add to the pressure to meet the “fusion strategy civil-military” China, forcing the chinese companies who are developing some technology to share. with the chinese army.

Marco Rubio, a republican senator from Florida who has been a leading voice in Congress to have adopted a tougher stance towards China, told the FT that the list was a beginning, but that it was ” unfortunately very poor “.

“The list only touches the surface of the operation by the chinese government of the u.s. capital markets to the detriment of retail investors and retirees in the failing networks of affiliates and subsidiaries,” he said.

Mr. Rubio added that it was important that the american investors are informed of the chinese companies involved in the espionage, violations of human rights and the broader strategy of the fusion civil-military chinese.

A representative of the Pentagon has declared that the publication of the list was ” an important step in the identification and fight against the merger strategy civil-military of China “. He stated that this would be a “useful tool” for the u.s. government, companies, investors and academic institutions to conduct due diligence, especially when the Pentagon has to update the list, as some lawmakers have demanded.

The action of the Pentagon comes at a time when relations between the United States and China continue to deteriorate on a range of issues in economic, security and global health.

Mr. Trump has blasted China on Covid-19 and has blamed Beijing for its global spread. Last month, he threatened to “cut relationship” with China.

Follow Demetri Sevastopulo on Twitter: @dimi



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