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US-China tensions

U.S. to blacklist 8 Chinese companies, including drone maker DJI

Growing sanctions reflect Washington's ire with Beijing over Uyghur crisis

Washington’s blacklisting of DJI, the world’s largest commercial drone maker, follows similar measures against dozens of China’s other leading technology companies.   © Reuters

WASHINGTON/HONG KONG (Financial Times) -- The Biden administration will place eight Chinese companies including DJI, the world's largest commercial drone manufacturer, on an investment blacklist for alleged involvement in the surveillance of the Uyghur Muslim minority.

The U.S. Treasury Department will put DJI and the other companies on its "Chinese military-industrial complex companies" blacklist on Thursday, according to two people briefed on the move. U.S. investors are barred from taking financial stakes in the 60 Chinese groups already on the blacklist.

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