Exclusive: Trump Administration Readies Crackdown on U.S. Investments in Chinese Firms

FILE PHOTO: White House staff and journalists walk across the North Lawn Driveway as rain falls over the White House during a storm in Washington, U.S., November 12, 2020. REUTERS/Tom Brenner/File Photo Reuters By Humeyra Pamuk, Alexandra Alper and Idrees Ali WASHINGTON (Reuters) – The Trump administration plans to unveil an executive order to prohibit U.S. investments in Chinese firms that Washington says are owned or controlled by the Chinese military, according to three sources familiar with the matter, ramping up pressure on Beijing after the U.S. election. The order, which could impact some of China’s biggest companies, including telecoms…