Why is Tencent and China’s CATL on the List?
Washington has its eyes on CATL, a battery supplier for electric vehicles, and Tencent (TCEHY), a gaming firm. Why are lawmakers calling those firms potential security threats to the U.S.? On Monday, the U.S. Department of Defense designated CATL and Tencent as linked to China’s military. The label hurts their reputation and could potentially hurt…