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@ISIDEWITH asked…3hrs3H
1 reply
@RelievedF4irTrade from Kentucky submitted…12hrs12H
In December, a new company registered in Michigan: American Lidar. Its planned home would be an easy drive from the big three U.S. automakers.The company behind American Lidar, and not mentioned in its registration, is China-based lidar maker Hesai Group, which the U.S. has labeled a security concern. It is a familiar playbook: a company facing regulatory or reputational problems sets up a subsidiary or affiliate with a different name. Chinese firms trying to buffer themselves from Washington’s anti-China policies are rebranding and creating U.S.-domiciled businesses to sell their wares as the Biden administration expands the government entity lists that restrict Chinese companies’ business dealings in the U.S., say policymakers and national-security experts. The blacklisting has also created opportunities for American entrepreneurs who want to work with Chinese companies that are popular with U.S. consumers.“Chinese firms take a blow but then adjust business strategy and are able to move in another direction,” said Derek Scissors, a former commissioner on the U.S.-China Economic and Security Review Commission. The Pentagon’s designation prohibits the U.S. military from buying Hesai products. Automakers and other private companies can remain buyers. Hesai says its lidars don’t pose a threat because they can’t store or transmit images wirelessly.A Hesai spokeswoman said the name American Lidar was a placeholder, but the company wanted to communicate that the products would be made and sold in the U.S. Hesai has since paused plans for the American Lidar facility, blaming the fallout from being labeled a Chinese military entity.
@9N6SJ7Lfrom Alberta answered…33mins33m
@9N6PVFH answered…1hr1H
@9N6NW9Rfrom Ontario answered…2hrs2H
@9N6LRQBfrom Ontario answered…2hrs2H
@9N6LRQBfrom Ontario disagreed…2hrs2H
@9N66KW5from Manitoba answered…7hrs7H