Tencent says it's not a Chinese military company and is willing to sue the US Department of Defense if it isn't removed from a blacklist

Earlier this week the US Department of Defense added a new batch of companies to its Chinese military companies blacklist. While inclusion on the list comes with no sanctions, it does have a reputational impact, and is designed to put off US investors. Tencent called the designation a "misunderstanding", and has since provided a full statement, noting its plans to "initiate a Reconsideration Process to correct this mistake".

Companies on the list are suspected of being controlled by the...