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IDG Capital rebuts allegations of China military ties after being added to US list

IDG Capital rebuts allegations of China military ties after being added to US list

FILE PHOTO: The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021. REUTERS/Brian Snyder/File Photo

Chinese venture capital firm IDG Capital is working to clear up confusion over its inclusion on a U.S. Department of Defense list of companies with ties to Chinese military, Bloomberg News reported on Tuesday.