The Biden administration has reversed Trump-era restrictions and reauthorized most US investments in companies owned or controlled by the Chinese military, according to a Treasury Department notice. In mid-November, then-President Donald Trump signed an executive order prohibiting American investments in Chinese companies linked to the country’s military, forcing US stock exchanges to delist companies. Reversing the previous president’s action, Biden has moved to authorize most investments in companies “whose name closely matches, but does not exactly match, the name of a Communist Chinese military company” until May 27, according to t
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