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US says Huawei, Hikvision backed by Chinese military; sanctions may follow

Washington placed Huawei on a trade blacklist last year over national security concerns

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The law says the president may impose sanctions that could include blocking all property of the listed parties. Photo: Shutterstock

Reuters Washington
The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new US financial sanctions, according to a document seen by Reuters on Wednesday.
A US defense official, speaking on condition of anonymity, confirmed the authenticity of the document and said it had been sent to Congress. Washington placed Huawei on a trade blacklist last year over national security concerns and has led an international campaign to convince allies to exclude it from their 5G networks.
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