Chinese Firms

Britain’s cybersecurity agency says companies must step up vigilance to prevent espionage attacksBusiness live – latest updatesBritish businesses are being urged to step up their vigilance against a China-linked hacking ploy that uses everyday devices for espionage.The UK’s National Cyber Security Centre (NCSC) and agencies in nine other countries have warned of persistent attempts by Beijing-backed groups to hack equipment such as wifi routers to launch cyber-attacks. Continue reading...

• The US Treasury Department announced sanctions on April 8, 2026, targeting 12 Chinese companies accused of supplying dual-use technology to Russia's defense sector amid the Ukraine conflict. • Key firms include Shenzhen-based tech exporters providing drone components and microelectronics, with transactions totaling over $500 million since 2024, per Treasury documents. • These measures aim to disrupt Russia's war machine, as Washington claims Beijing's indirect support prolongs the invasion; experts warn of escalating US-China tensions.

• The US Treasury Department announced sanctions on April 4, 2026, targeting 12 Chinese companies accused of supplying missile components to Taiwan's military in violation of export controls. • Sanctions freeze $2.1 billion in US-based assets and ban future transactions, following intelligence reports of shipments totaling 500 tons of avionics parts since January. • The move heightens US-China tensions, with Beijing calling it 'economic blackmail' that threatens South China Sea stability and global semiconductor supply chains.

• Treasury Department imposed sanctions on April 1 against firms linked to hacks on Australian and Japanese defense networks, stealing terabytes of data. • Targets include Huawei subsidiary and two state-backed hackers, freezing $1.2 billion in US assets. • Action escalates tech war, with FBI reporting 40% rise in state-sponsored attacks on US firms.

• The House Subcommittee on Cybersecurity and Infrastructure Protection held a hearing last week assessing national security threats from PRC-linked AI, robotics, and autonomous sensing technologies entering US markets. • Witnesses highlighted companies like DeepSeek and Unitree Robotics, urging investments in US alternatives to protect critical infrastructure and supply chains. • Subcommittee Chair emphasized: 'Invest in trusted American alternatives, strengthen cybersecurity practices, and prevent federal funds from supporting platforms that put American data at risk.'