BizBeat Ep. 284: Blacklisting SenseTime makes no sense at all
Recently, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) said it was imposing investment restrictions on SenseTime for alleged human rights infringements. Earlier this year, Chinese technology company Xiaomi was also put on such a list without any due process. Not only have these actions caused irreparable damage to Chinese companies, but also hurt investors' sentiment and raised doubts that the U.S. is resorting to "decoupling". In this episode of BizBeat, CGTN's Kate Kui argues that blacklisting SenseTime does not make any sense.