Gaming Colossus Tencent Added to US Blacklist, Accused of Ties to Chinese Military
Tencent, the juggernaut Chinese tech and gaming conglomerate, has been placed on a blacklist by the US Department of Defense. Being on said blacklist doesn't impose sanctions or stop companies trading in the US, but it's designed to deter other companies from doing business with the blacklisted entities.
US Blacklists Tencent Over Alleged Ties With Chinese Military
In the world of video games, Tencent is one of the major players in part because it owns Riot Games--the company behind League of Legends --as well as stakes in other companies, including Epic Games. However, the company is now facing serious problems over its alleged ties with the Chinese military.
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