DRONE COMPANY DJI OBSCURED TIES TO CHINESE STATE FUNDING

On 1 February, the Washington Post reported that Chinese drone maker DJI, a leading supplier of drones to US law enforcement, obscured its Chinese government funding while claiming that China had not invested in the company.  It says that documents show that 4 investment bodies owned or administered by Beijing have invested in the popular drone brand in recent years, including a state asset manager that has pledged to play a key role in promoting partnerships between private enterprises and the Chinese military.

https://www.washingtonpost.com/national-security/2022/02/01/china-funding-drones-dji-us-regulators

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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