The Biden administration has added Tencent Holdings and Contemporary Amperex Technology Co. Ltd to its list of “Chinese military companies,” a move that risks further decoupling between the US and China. These two firms, including gaming publisher Tencent and battery supplier CATL, are linked to the People’s Liberation Army or contribute significantly to China’s industrial base, according to the Pentagon. This expansion may disrupt global supply chains as more Chinese firms come under scrutiny. The move increases tensions in trade relations between the world’s largest economies, potentially accelerating a faster separation of their industries and economies.
Source: https://www.bloomberg.com/news/articles/2025-01-07/us-blacklist-of-china-s-tech-giants-risks-even-faster-decoupling