Chinese Firms Are Rebranding to Duck American Sanctions.

In Michigan, the company American Lidar ostensibly appears to its clients as an American-based and American-owned business.

American Lidar is actually a subsidiary of the Hesai Group, a company listed by the U.S. government as a national security concern.

For the better part of five years, TikTok has attempted - at least to the public - to distance itself from its Chinese parent company, ByteDance.

In other instances, Chinese companies have rushed to secure supply and sales agreements with American companies, allowing them to export their technology to the U.S. ahead of any potential bans.

In the case of Massachusetts-based BGI Americas - a subsidiary of BGI Genomics under China's BGI Group - the U.S. genetics subsidiary rebranded itself with a less recognizable name, Innomics.

Despite the change, lawmakers on Capitol Hill have pushed the Pentagon to list Innomics as a Chinese military entity.

Legislation targeting the Chinese drone manufacturer DJI Group has prompted the company to secure several licensing agreements with U.S. firms before they're banned from the country. 

https://thenationalpulse.com/2024/05/29/chinese-firms-are-rebranding-to-duck-american-sanctions/