US adds Tencent to its Chinese Military entity list, but what does that mean?

News Snapshot:

The United States has added technology giant China-based Tencent to a list of companies designated as partners with the Chinese military, according to Bloomberg. Tencent is one of the ten biggest companies in the world, with ownership or investment in multiple game developers and publishers, and is the developer of WeChat, one of the world's largest social media and messaging platforms. Previously, WeChat was specifically named to be banned along with TikTok by the first Trump administration, but this was halted by a federal judge and officially undone by the Biden administration. Now, it appears the whole mess is happening...