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On the U.S. blacklist, two major Chinese companies—Tencent, the world's largest gaming publisher, and CATL, the largest electric vehicle (EV) battery manufacturer—now wear the label of "military companies." This classification raises critical questions about the rationale behind such a designation, particularly when these companies operate in sectors largely perceived as non-military. This move by the Biden administration reflects a growing sense of urgency to solidify America's economic stance against China as the country rapidly approaches the 2024 presidential election, putatively ushering in the likelihood of a Trump administration.