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US designates Tencent and CATL as Chinese military companies
US designates Tencent and CATL as Chinese military companies Image: GettyThe US Department of Defense has added tech giant Tencent and lithium-ion battery maker CATL to its list of Chinese military companies, as reported earlier by Bloomberg. The designation doesn’t impose sanctions or a ban, but it could make it more difficult for the companies to do business in the US.
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