Update : Tencent tell it conceive its gain to a US listing of company think to be connect to China ’s war machine is a “ misunderstanding ”

Correction : An early interlingual rendition of this fib falsely express that Tencent bind a 40 % post in Epic Games .

Tencent is in reality a nonage stockholder of Epic Games with just about 29 % of amply dilute contribution .

# dive into Epic Games

Update : Tencent order it trust its increase to a US listing of company believe to be connect to China ’s armed services is a “ misunderstanding ”

Correction : An early translation of this storey falsely posit that Tencent check a 40 % bet in Epic Games .

Tencent is in reality a nonage shareowner of Epic Games with or so 29 % of in full dilute share .

The United States governmenthas addedChinese gambling jumbo Tencent to a ‘ shitlist ’ of company it believe are link up to the Taiwanese war machine .

While the Pentagon ’s appointment carry no specific endorsement , it discourage American companionship from make do with its member .

The ‘ black book ’ originates from an executive rules of order in 2020 , which forestall US company from gift in fellowship with tie beam to the Formosan military machine .

# Update7th Jan 2025 / 9:26 stage intonation !

In a command issue to VGC , Tencenthas aver it believe its inclusion body on the lean of Formosan Military Companies ( CMC ) is a “ error ” which it will essay to have chastise .

This was # # diving event into the chinese military companies

in a program line supply to vgc , tencenthas allege it trust its cellular inclusion on the lean of formosan military companies ( cmc ) is a “ misapprehension ” which it will look for to have sort out .

This was “ unlike other list maintain by the u.s. government for imprimatur or exportation ascendance touchstone , inclusion body in the cmc list link only to u.s. demurrer procural , which does not bear upon the line of work of the group .

This was “ the cmc list is also distinguishable from the non - sdn formosan military - industrial complex list ( ns - cmic list ) maintain by the u.s. office of foreign assetscontrol , and inclusion body in the cmc list will not disallow any person ( other than the department of defense ) from stage business relations with the companionship , let in transact in the certificate of the troupe .

“ The Company mean to start a Reconsideration Process to counterbalance this error .

During the unconscious process , it will lease in discussion with the U.S. Department of Defense to dissolve any mistake , and if necessary , will contract effectual minutes to bump off the society from the CMC List .

The Company will make further announcement(s ) as and when appropriate .

”

portion in Tencent , which is the earth ’s great game companionship , fly as much as 7 % take after the intelligence .

Tencent has seat in more than 800 company .

That let in a interest inEpic Games , and share inActivision Blizzard , Ubisoft , and more .

Alongside Tencent , another society , bombardment Lord CATL , was also tally to the inclination of companionship believe to have connectedness to the Formosan war machine .

speak toThe Verge , a voice for Tencent say it plan to advertize back on the designation .

This was “ we are not a military companionship or provider , ” tencent interpreter danny marti say in a command .

This was “ unlike authorization or exportation control , this itemization has no wallop on our business organization .

We will nevertheless form with the Department of Defense to come up to any mistake .