News Snapshot:
The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision , are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions. Washington placed Huawei and Hikvision on a trade blacklist last year over national security concerns and has led an international campaign to convince allies to exclude Huawei from their 5G networks. Advertisement Advertisement A Department of Defense (DOD) document listing 20 companies operating in the United States that Washington alleges are backed by the Chinese military was first reported by Reuters. The DOD...
