US considers potential rules to restrict or bar Chinese drones
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 02 2025
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Source: Reuters
U.S. Commerce Department Actions: The U.S. Commerce Department is considering new rules to restrict or ban Chinese drones due to national security concerns, with public comments being sought until March 4. This follows previous actions by the Biden administration and Congress regarding potential risks associated with Chinese drone manufacturers like DJI.
Legislative Developments: Recent legislation signed by President Biden could lead to a ban on China-based drone companies, while DJI has faced legal challenges and import restrictions amid allegations of ties to the Chinese military and concerns over data security.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
