IDG Capital Works to Rebut US Claims Over China Military Ties

IDG Capital, a venture firm with offices in Beijing and Hong Kong, said it’s working to clear up “confusion” over its inclusion on a US Pentagon list of companies with ties to the Chinese military.

The company was surprised to discover its name on the list and said that it had not been consulted ahead of time or asked for information. The firm plans to seek clarification and redress.

“We are not a Chinese military company, nor do we have any association with the Chinese military, and we do not belong on this watch list,” a spokeswoman said in an email. “We ...