Berkshire’s TTI denies Chinese military ties with Hong Kong unit


Source: kelofm.com kelofm.com

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Berkshire’s TTI denies Chinese military ties with Hong Kong unit / 101.9 KELO-FM Dec 2, 2020 11:41 AM (Reuters) - Berkshire Hathaway Inc's TTI Inc, a distributor of electronic components, on Wednesday said it had no links between its Hong Kong unit and the Chinese military after the U.S. Department of Commerce included it on an initial list of companies with military ties. The list is part of a draft rule that identifies Chinese and Russian companies the U.S. considers "military end users", a designation that means U.S. suppliers must seek licenses to sell a broad swath of commercially available...