Pentagon drops private equity firm IDG Capital from Chinese military list

Chip manufacturer AMEC also removed by U.S. Defense Department

20241217 N IDG Capital

Beijing-headquartered IDG Capital was removed from the Defense Department list on Tuesday.  © Reuters

PAK YIU, Nikkei staff writer

NEW YORK -- Investment firm IDG Capital was removed from a Pentagon list of companies with ties to China's military, the U.S. Defense Department said Tuesday.

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