Shares of Chinese healthcare and technology companies have fallen in recent days following reports that the United States is expected to add more Chinese companies, including skimmer maker DJI To the blacklists Of investments and exports. The Financial Times website quoted two American sources as saying that the United States is expected to add a list of Chinese companies, including DJI to the blacklist as early as this coming Thursday. The U.S. Department of Commerce is expected to add more than 12 companies in total, some of which deal in biotechnology.
A DJI spokesman declined to comment on the report, but referred Reuters to the company’s statement when the U.S. Commerce Department put it on the “entity list” a year ago for the same reasons. This move prevented DJI from buying or using American technology. At the time, DJI said it had done nothing to justify the move and would continue to sell products in the United States, where it had already built a large market with rising demand.
In Beijing, they responded to the Financial Times website, and a Foreign Ministry spokesman said that China was opposed to the American “oppression” of Chinese companies, and would pay attention to how the situation developed. It was only recently reported that SenseTime was joining the US blacklist, forcing it to postpone its initial public offering in Hong Kong worth $ 767 million.
The move by the Americans comes amid the Chinese regime’s use of DJI drones to track down the Uighurs, an ethnic minority group in China that is being repressed by the government. At this stage it is not clear whether the move will affect the production of the skimmers and their marketing in China, but we will mention that a similar move was made to Wawi, which prevented it from selling the devices in the United States and using the Android operating system. If DJI does get on the US blacklist, that means That here in Israel, too, we will probably feel the result of this move. As a result, it may be impossible to regularly sell DJI skimmers and products in Israel. We all hope it does not materialize.
Source: Reuters