Chinese Majority Owner of Lexmark Blocked By U.S Homeland Security Department

Last week, the Wall Street Journal reported that the U.S. Department of Homeland Security blocked the import of products made by Ninestar, the Chinese owner of Lexmark International. Ninestar and eight China-based subsidiaries are blacklisted because of their “participation in business practices that target members of persecuted groups” including Uyghurs.Lexmark positions itself as an American company (with a headquarters in Kentucky), exercising independence from the Chinese government. However, as CNBC reported in an analogous situation, “Huawei says it would never hand data to China’s government. Experts say it wouldn’t have a choice.” Dr. Miles Yu of the Hudson Institute further explains their obligation in a 2– minute video here.But while the federal government may ban such products, state… Read More