Chinese Drone Maker DJI Threatened by U.S. Blacklisting

(Bloomberg) — The hits keep coming for Frank Wang, the first drone billionaire.

The U.S. Defense Department included his Shenzhen, China-based DJI last week on a blacklist of Chinese businesses with military ties. The company, the world's largest manufacturer of consumer drones, was already under pressure in the U.S. after being singled out last year as a potential national security threat.