Tag: U.S. business

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U.S. Moves to Ban Chinese Surveillance Equipment

The U.S. House of Representatives has passed a new defense policy bill that will, upon Senate approval, prohibit the U.S. government from purchasing surveillance cameras made in China owing to national security concerns. Dan Strumpf at The Wall Street Journal reports: The bill, passed Thursday, names several Chinese companies—including Hangzhou Hikvision Digital Technology Co. 002415 -3.28% , which is 42%-owned by the Chinese government and is the world’s biggest