US bans China’s most-valuable internet company; ‘clearly a mistake’ it says

Tencent, a major Chinese social media and gaming firm, was labeled as a ‘Chinese military company’ by the Pentagon, marking a new escalation in US-China tensions. Other firms, including CATL and COSCO, were also added. Tencent denies the claims, stating it is not a military supplier and aims to address the misunderstanding with the Pentagon.

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