Firm faces US sanctions and has military-civil fusion ties
Alleged support continues despite warnings to China
CGSTL denies awareness of allegations and was previously sanctioned
Plans to increase satellites in orbit for enhanced surveillance
Potential confirmation of involvement could worsen US-China relations
360 summary
The strikes targeted the Ras Isa Fuel Port in Northwest Yemen, aiming to cut off a key revenue source for the Houthis.
This action marked the 34th consecutive day of US strikes on Houthi targets, indicating a sustained effort to disrupt the group's operations.
By hitting oil facilities for the first time, the US escalated its campaign against the Iran-backed Houthi terrorists in the region.
Fox News
The US State Department accuses Chang Guang Satellite Technology of directly supporting attacks by Houthi fighters against American interests.
Despite warnings to China about the firm's alleged support to the Houthis, the Chinese government has reportedly ignored these concerns.
CGSTL, closely linked to the Chinese government, has been described as a central firm in China's military-civil fusion program, requiring private sector companies to provide assistance to the government.
zerohedge.com
Explore
The above information is compiled by Fox News、zerohedge.com and does not represent any position of Arbor. It does not constitute any investment advice made by Arbor. Before making any investment decisions, investors should consider the risk factors related to the investment products based on their own circumstances and seek advice from professional investment advisors if necessary. We strive to ensure but cannot guarantee the truthfulness, accuracy, and originality of the above content, and we make no promises or guarantees in this regard. As machine learning has a probabilistic nature, it may lead to incorrect reflection of facts in certain situations. You should appropriately evaluate the accuracy of any information summary based on your usage, including through manual evaluation of the information summary. We are not responsible for any losses or liabilities incurred by you due to your use, viewing, and access of the platform or failure to do so.