Tencent a Chinese military firm, says US
Financial Express Mumbai|January 08, 2025
THE PENTAGON ON Tuesday labeled Tencent, the Chinese social media and gaming giant, as a Chinese military business operating in the United States, the latest action in an escalating series of retaliatory moves between the world's two superpowers.
ALEXANDRA STEVENSON

Tencent's shares in the United States plunged by nearly 10 percent after the decision by the Defense Department, which also targeted Chinese battery, drone and shipping companies.

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