China_South_Industries_Group_Corporation

China South Industries Group

China South Industries Group

Chinese state-owned company

The China Ordnance Equipment Group Corporation (Chinese: 中国兵器装备集团公司), also known as China South Industries Group Corporation (CSGC, Chinese: 中国南方工业集团公司), is a Chinese state-owned manufacturer of automobiles, motorcycles, firearms, vehicle components, and optical-electronic products and other special products domestically and internationally.[1] The company was founded in 1999 and is based in Haidian District, Beijing. CSGC is the parent company of Changan Automobile.

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In November 2020, Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included China South Industries Group Corporation.[2][3][4]

See also

References

  1. [1]
    Allen-Ebrahimian, Bethany (June 24, 2020). "Defense Department produces list of Chinese military-linked companies". Axios. Retrieved June 24, 2020.
  2. [2]
    Chen, Shawna (November 12, 2020). "Trump bans Americans from investing in 31 companies with links to Chinese military". Axios. Retrieved November 12, 2020.
  3. [3]
    Pamuk, Humeyra; Alper, Alexandra; Ali, Idrees (2020-11-12). "Trump bans U.S. investments in firms linked to Chinese military". Reuters. Retrieved 2020-11-12.
  4. [4]
    Swanson, Ana (2020-11-12). "Trump Bars Investment in Chinese Firms With Military Ties". The New York Times. ISSN 0362-4331. Retrieved 2020-11-13.
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