US adds China’s BGI Genomics and drone maker DJI to investment ban


Source: rappler.com rappler.com

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The Pentagon says they are determined to 'highlight and counter' China's military-civil strategy of gaining access to advanced technologies through organizations with the appearance of being civilian entities The US Defense Department added more Chinese companies, including drone maker DJI Technology and surveillance equipment maker Zhejiang Dahua Technology, to a blacklist that subjects them to an investment ban for Americans. BGI Genomics Co Ltd, which runs a massive gene databank and has DNA-sequencing contracts with health firms and universities worldwide, and CRRC Corp, which engages in the manufacture and sale of rail transit equipment, were also among the 13 companies...