Thursday, 25 June _The administration of US President Donald Trump claims that 20 top Chinese firms operating in the United States are either owned or backed by the Chinese military, a report says.
Citing an internal document from the US Defense Department on Wednesday, Reuters said that telecoms equipment giant Huawei Technologies, video surveillance company Hikvision, China Telecoms, China Mobile and AVIC are some of the top companies.
Other important firms include China Mobile Communications Group, China Telecommunications Corp. as well as aircraft manufacturer Aviation Industry Corp. of China.
China Railway Construction Corp., China Aerospace Science and Industry Corp (CASIC), as well as CRRC, the world's largest maker of passenger trains, are the others.
The US placed Huawei and Hikvision on a trade blacklist last year over national security concerns, but the new development can lay the groundwork for new US financial sanctions.
Washington has also led an international campaign aiming to convince allies to exclude Huawei from their 5G networks.
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