News / Cosco share price falls after US lists carrier as a Chinese 'military asset'

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US regulators have today seemingly branded Cosco a “military” asset, including the Chinese container line on a list of designated entities operating in the US.

The carrier has been included among 133 Chinese entities on the list, which also includes China Cargo Airlines, in an annual update, after reports noting the use of Cosco vessels in practice runs for the Chinese military’s invasion of Taiwan.

A DOD memo noted: “The deputy secretary of defense has determined ...