The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China’s

The United States has added Tencent, a leading Chinese technology conglomerate, to its list of firms accused of having ties to China’s military. This move has prompted South Korean game developers, many of whom have received investments from Tencent to access the Chinese market,

Chinese chipmakers have complained about the U.S. Chips Act, which provides funding of some $39 billion to entice firms like Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. to build high-end chipmaking capacity in America. On Thursday, China’s chip industry body took aim at a cornerstone of the Biden administration’s policy.

The US Department of Defense has added Chinese messaging, media, and gaming giant Tencent to its list of “Chinese military companies”, a designation that won’t necessarily result in a ban but is nonetheless unpleasant.

Shares in Tencent, which owns Chinese super-app WeChat ... that can be used in war and to undercut the country’s homegrown semiconductor industry, which it says threatens the national security ...

The US Department of Defense (DoD) has added Tencent Holdings, Contemporary Amperex Technology Co., Limited (CATL), and ChangXin Memory Technologies (CXMT) to its blacklist of entities allegedly tied to the Chinese military.

Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies."

TENCENT’S Singapore-listed shares, or Singapore Depository Receipts (SDRs), fell nearly 7 per cent on Tuesday (Jan 7) after the US categorised it as a “Chinese military company” (CMC). Read more at The Business Times.

Chinese tech giant Tencent has denied allegations of being a Chinese military company or a military-civil fusion contributor, as claimed by the US Department of Defense

Washington has blacklisted Tencent Holdings Ltd. backed startup Zhipu targeting one of the few emerging firms seen as leading contenders in the race to create a competitor to OpenAI’s ChatGPT.

New Delhi will have to keep a close watch on global debates on economic security and the impetus building to restructure the world’s trading system

The combined market cap of the top 50 companies in the Asia-Pacific (APAC) region surged to $8.1 trillion in 2024: GlobalData Report.