US adds drone maker DJI and 7 other Chinese companies to investment blacklist

CNN

Friday, December 17, 2021 12:43:30 AM UTC

The United States has added drone maker DJI and seven other Chinese companies to an investment blacklist, raising even more pressure on businesses in the world's second largest economy.

The US Treasury Department announced Thursday that it has placed investment restrictions on the firms due to their roles in facilitating human rights abuses against China's Uyghur Muslims in Xinjiang and other ethnic and religious minorities.

As a result, American investors will be barred from buying or selling shares of the companies.

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US adds drone maker DJI and 7 other Chinese companies to investment blacklist

CNN

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