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Yesterday — 7 January 2025Main stream

U.S. Adds Tencent to Chinese Military Companies Blacklist

7 January 2025 at 12:28
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.

© Jade Gao/Agence France-Presse — Getty Images

Tencent headquarters in Shenzhen, China.
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