Biden bans investment in dozens of China companies ...Qatar

President Joe Biden has signed an executive order that bans US entities from investing in dozens of Chinese companies with alleged ties to defence or surveillance technology sectors. The move, which his administration says expands the scope of a legally flawed Trump-era order, drew anger from Beijing. The treasury department will enforce and update on a “rolling basis” the new list of about 59 companies, which bars buying or selling publicly traded securities in target companies, and replaces an earlier list from the department of defence, senior administration officials told reporters. The order prevents US investment from supporting the Chinese military-industrial complex, as well as mili

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Last updated : 04 June 2021 clock 11:47 PM

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Biden bans investment in dozens of China companies ...Qatar

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