US Adds DJI and Other Chinese Firms to Investment Blocklist

US Investment Restrictions Targeting Chinese Companies

According to reports from the Financial Times, the United States government is preparing to add eight Chinese companies to an investment blocklist.

These restrictions stem from allegations of the companies’ involvement in the surveillance of Uyghur Muslims.

The firms are expected to be included on the Treasury Department’s list of “Chinese military-industrial complex companies” on Tuesday.

This designation will prohibit US citizens from making any investments in these entities.

Among the companies facing these new restrictions is DJI, a prominent drone manufacturer.

DJI is currently listed on the Department of Commerce’s Entity List, which restricts the sale of components to the company without a license.

The government previously stated that DJI was among those enabling human rights abuses in China.

These abuses were linked to genetic collection, analysis, and high-technology surveillance practices.

Despite the existing restrictions, DJI drones have not been subject to a complete sales ban within the United States.

This contrasts with the situation faced by companies like Huawei, whose products have been prohibited from sale.

The investment blocklist signifies a further tightening of US restrictions on Chinese companies.
The move reflects growing concerns regarding human rights and national security.
It is anticipated that these measures will impact the financial ties between US investors and the targeted Chinese firms.